FX forecast for Nov.20

- [USD/MDL] A slight increase in the demand for the dollar is sensed on the domestic market, Financial Brains director PhD Sveatoslav Mihalache has told Info-Prim Neo. A proof is that the dollar traded yesterday between 11.08 and 11.10 lei among banks, he added. Today, currency exchange facilities will buy dollars at 11.02 – 11.05 lei and sell at 11.10 – 11.15 lei. [EUR/USD]: After multiple unsuccessful attempts to break the $1.5050 mark, the euro remains confined in a trading corridor between $1.48 and $1.50, and currently trading at $1.4925. A number of technical indicators show that the euro today will not be able to break the $1.4980 level. Resistance levels: $1.4970/80; $1.5060; Support levels: $1.4810; $1.4760; $1.4450. [EUR/MDL] The exchange outlets that displayed yesterday a bid rate of 16.45 lei for the euro, got left without lei. Today the bid rates will be 16.42 – 16.45 lei and the ask rates 16.55 – 16.60 lei. For further details visit www.fb.md or www.financialbrains.eu