After Friday for euro correction to 1,1285 is expected "June 13, 2016"

Results of the last trading day:

On Friday the rate of euro/dollar traded above the 112th degree before the American session. Euro/dollar has appeared under pressure against general strengthening of dollar because of depreciation of the British pound after the publication of results of new poll. According to poll of the ORB company for the The Independent newspaper, 55% of respondents have supported that the country left the EU, 45% - for preserving. Euro exchange rate to closing of the biddings in the States has decreased to 1,1245.

The published statistics not especially influenced principal currencies. The index of consumer confidence in the USA has decreased from 94,7 items in May to 94,3 items in June. The forecast assumed decrease to 94 points. The index of consumer expectations has fallen with 84,9 to 83,2, and the index of the current economic conditions has raised from 109,9 to 111,7 points.

Expectations for today:

You already know, on Monday my forecast is always directed against Friday. In Asia euro has updated a minimum. On a market situation at 7:14 Moscow time euro is quoted to dollar on 1,1250. Economic calendar empty. At the American session I expect correctional movement to 1,1245.

The attention of participants of the market was displaced on a meeting of Federal Compulsory Health Insurance Fund (on June 15). The probability of increase of a rate during a June meeting has fallen to 2%. To traders the accompanying statement which can contain hints for terms of the following increase is important.

News of the present day:      

- in Great Britain there will be an index of the advancing economic indicators from CB.

Technical analysis:

Intra day forecast: at least – 1,1232 (flowing in Asia), at most – 1,1285, closing – 1,1265.

Fall of euro exchange rate from a maximum 1,1415 has constituted 157 degrees. It is not important support therefore the price can quietly promote to the 180th degree or the D3 line. As today Monday and I always consider movement against Friday, according to the forecast I wait from euro recovery to the 45th degree. This level will in addition become stronger in the evening the balance sheet Lb line which is at the level in the 1,1315 and 112 degree from a maximum 1,1415 now. the 112th and 45th degrees form a price node in a zone 1,1282-1,1285.