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FX forecast for Mar. 18


https://www.ipn.md/en/fx-forecast-for-mar-18-7966_981293.html

[EUR/USD:] Yesterday the euro tested the $1.3840 level, but as predicted it didn’t give in at the first attempt, Financial Brains director PhD Sveatoslav Mihalache has told Info-Prim Neo. Currently the euro trades around $1.3675. Support levels: $1.3640; $1.3570; $1.3510. Resistance levels: $1.3770/80; $1.3840; $1.3912. [USD/MDL:] The dollar on the domestic market continues revolving around the levels of 12.38 – 12.42 lei. It is very unlikely that the dollar will further depreciate against the leu, on the contrary, there is a possibility that it will return to the previous levels of 12.50 – 12.55 lei. The rates predicted for today are: 12.40 – 12.43 lei (bid) and 12.48 – 12.52 lei (ask). [EUR/MDL:] 16.95 – 17.00 lei (bid); 17.08 – 17.13 (ask). For further details visit www.fb.md or www.financialbrains.eu