FX forecast for Nov.13
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[EUR/USD:] Despite numerous attempts to break the $1.5050 mark this week, it resisted; yesterday the euro lost the positions conquered at the week's start and dropped to $1.4820, currently it trades at $1.4860, Financial Brains director PhD Sveatoslav Mihalache has told Info-Prim Neo.
Today the euro will attempt a correction and if it touches the $1.4940 level, there is a possibility that we'll see the bulls try to go for new records.
Resistance levels: $1.4885; $1.4940.
Support levels: $1.4820; $1.4760; $1.4620 (month's low).
[EUR/MDL:] The euro will buy at 16.30 – 16.35 lei and sell at 16.50 – 16.55 lei.
[USD/MDL:] 11.01 – 11.04 lei (bid); 11.10 – 11.14 lei (ask).
For further details visit www.fb.md or www.financialbrains.eu