Euro has beaten off the trend line "May 31, 2016"

Results of the last trading day:

On Monday the rate of euro/dollar after achievement of a mark 1,1144 has spent evening in a side trend against low activity because of the day off to the USA. It is time to prepare to traders for a meeting of European Central Bank and M. Draghi's press conference which are planned for Thursday. It is expected that the main rates will remain at the former levels. Also the European Central Bank has to publish forecasts for growth rates of economy and a rate of inflation in the eurozone.

Expectations of the market for today:

The rate of euro/dollar in Asia has grown up to 1,1154. Rally of the British pound promoted increase in prices for gold, oil and other main currencies with dollar. The British The Daily Telegraph newspaper has published survey on Brexit conducted by sociological service ORB. According to poll, the number of British ready to vote for an exit of Great Britain of the EU has grown to 46%, the number of supporters of the EU makes 51%.

Overweight has turned out small, however the pound on these data has grown by 90 points, to 1,4724. Poll is won back, euro/dollar was rolled away to the trend line. On Tuesday I will risk to consider depreciation of euro against US dollar to a mark 1,1115. Today the monthly candle is closed. To buyers not to make of her a bull signal even if they will strongly want it. The purpose for the next two days remains at the level of 1,1085.

News of the present day:      

    - Germany will publish data on the volume of retails for April.      
    - in Germany there will be a report on change of number of the unemployed for April.
    - The eurozone will submit preliminary data on a consumer price index for May, unemployment rate for April.
    - Canada – change of GDP for March and 1 quarter.        
    - The USA April, expenses/income of consumers for April will publish a consumer price index.         
    - The USA – an index of business activity in Chicago for May.     
    - The USA – an index of mood of consumers from The Conference Board for May.   

Technical analysis:

Intra day forecast: at least – 1,1134 (flowing in Asia), at most – 1,1175, closing – 1,1162.

The rate of euro/dollar has encountered resistance about the trend line at the level of Gunn 45 degrees – 1,1150. That to fight desire to buy euro off buyers, sellers need to lower as soon as possible a course lower than 1,1127. In this case new participants of the market will join them, and it is possible to fall to 1,1085. I was limited to the level of 1,1116, but here it is necessary to watch dynamics of the British and cross-country of euro/pound. At the general strengthening of dollar, decline of euro will be stronger, than pound. The purpose for the next two days remains at the level of 1,1085. I expect activity at the American session.