FX forecast for Oct.29
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[EUR/USD:] Euro continues to drop, reaching this night the $1.4680 mark, Financial Brains director PhD Sveatoslav Mihalache has told Info-Prim Neo.
The current downward trend could reverse today to bring the euro back to yesterday's level of $1.4780.
The first resistance level is situated at around $1.4790 – $1.4810, and the next at $1.4870.
The nearest support level stands at $1.4680; the next at $1.4360.
[EUR/MDL:] The euro will buy today at around 16.20 lei and will sell at around 16.40 lei.
[USD/MDL:] Bid rates around 11.00 lei; ask rates around 11.12 lei.
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