EUR / USD currency pair is trading at 1.1750. The quotation of the pair is trading below the moving average with the period of 55, which shows the downtide for the Euro / Dollar. Currently, quotes from the pair are running close to the average range of the Bollinger Band Indicator Band. An 1.1775 level examination is expected, one of which should expect to continue the fall and try to continue the development of downgraded with the target of 1.1660 level.
EUR/USD forecast Euro Dollar on December 14, 2017
The Orthodox sales area is located at 1.1800 near the upper boundary of the Bollinger Band Indicator Bar. Elimination of further Euro / USD pair fall will be the culmination of the moving average and above pair with the upper limit of the Bollinger band as well as the period of 55. 1.1840 area, which reflects changes in Euro / US dollar fluctuations. If the lower limit of the band of the Bollinger Band Indicator has broken, then it is planned to accelerate the fall.
source https://bymarkets.com/forex/eurusd-forecast-euro-dollar-december-14-2017/