SEB points to downside risks to euro / dollar to 1.42

The euro / dollar within specified within days of downward movement was below the key support level 1.4327, which hints at the potential for further development of the movement down to 1.4200 at. This opinion was voiced currency strategists from Skandinaviska Enskilda Banken. They also added that closing the week below 1.4327 will form a bearish reversal candle, speaking strongly in favor of the upward movement in the medium term, has exhausted its steam. Experts also suggest SEB, in the case reach the level of 1.4200, followed by followed by a correction.