FX weekly forecast
https://www.ipn.md/index.php/en/fx-weekly-forecast-7966_976495.html
For a longer period of time, the US dollar will trade at rates ranging from 11.10 to 11.30 lei on the home market, Financial Brains director, PhD Sveatoslav Mihalache has told Info-Prim Neo.
Against the background of a slight downward trend, Financial Brains recommends buying dollars when the currency exchange facilities will post ask rates of 11.15 lei and lower.
As regards the euro, the investors could purchase it starting with a rate of 15.50 lei, but they should stop if the rates come closer to the level of 15.39 lei. This level corresponds to the support level set for the EUR/USD pair – $1.3740. If this level is passed, the European common currency could slide to $1.33, when it would even more profitable to purchase it.
If the euro gains, as the technical indicators show now, the sale is reasonable starting with 15.85 lei and higher.
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