FX forecast for Nov.16

- [EUR/USD]: The euro has got dangerously close to the year's high, trading currently at $1,4970, Financial Brains director PhD Sveatoslav Mihalache has told Info-Prim Neo. Graphs show the European currency will test today the year's maximum level of $1.5050 and will probably break it, added Mihalache. Yet if the level resists, the euro will enter a flat period encompassed between $1.47 and $1.5050. Resistance levels: $1.5050; $1.5130 Support levels: $1.4870; $1.4780; $1.4620. [EUR/MDL] The Moldovan currency exchange facilities will buy euros at 16.42 – 16.46 lei and will sell around 16.60 lei. [USD/MDL] 11.02 – 11.04 lei (bid); 11.10 – 11.14 lei (ask). For further details visit www.fb.md or www.financialbrains.eu

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