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#1 08-05-2018 08:56:47

johnedward
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From: Paris - France
Registered: 21-12-2009
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EUR/USD: the euro seems like it can still decline on the forex (OCBC)

EUR/USD: the euro seems like it can still decline on the forex (OCBC)


http://www.forex-central.net/forum/userimages/OCBClogo.png


OCBC believes that the EUR/USD still risks a decline on the forex in the event of a break through 1.19.

"The short-term valuation is trying to stabilise itself, but the bearish outlook continues to strengthen in the near term, especially if the euro area data remains disappointing.

The EUR/USD could move towards 1.1835 if 1.1900 gives way."


"Anything worth having is worth going for - all the way." - J.R. Ewing

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