EUR/USD is in a strong downtrend since June 2014. EUR/USD downtrend started when it got rejected from the resistance of 1.3993. It has now fallen to 1.26664. Market analysts are predicting that this downtrend will continue and EUR/USD will reach 1.2000 level in the next 12 months. Nomura predicts the shared currency will fall to… Continue reading EUR/USD Downtrend Is Strong And Drop To 1.2000 Level Highly Likely