The forthcoming referendum on the UK membership in the EU keeps putting pressure on the European currency and will promote the volatility growth. Today one should pay attention to the statement made by the ECB President Mario Draghi. Traditionally, his speech makes the volatility increase in the EUR / USD pair.
EUR/USD technical analysis and forecast for 06/20/2016 – 06/24/2016 week
The euro tested the lower boundary of the rising channel, quotes demonstrate the rebound. The RSI on the daily chart is resuming growth from a neutral zone, signaling the uptrend resumption. The EUR / USD forecast for the week 06/20/2016 – 24/06/2016 considered the dollar depreciation. The first goal is in the June’s maximums.
