Societe Generale expects the fall of the euro / dollar

The single currency in European trading before recovering from the session reached a minimum of $ 1.3687 and returns above the thirty-seventh figure, driven by interest in buying the euro / dollar, which show Asian sovereign accounts. According to one of the dealers, despite the demand, the attempt to restore the pair remain relatively sluggish. Nevertheless, he adds, that a break above $ 1.3730 will ease the pressure on the euro / dollar. Market participants note that the foot placed on a break of $ 1.3680. According to analysts, Societe Generale, closer to the weekend should expect a new wave of sales of the single currency. In addition, in the longer term, they believe that the drop below $ 1.36 could be a catalyst for further downward movement of up to $ 1.31. The current euro / dollar $ 1.3706.