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#1 14-05-2018 08:56:37

johnedward
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From: Paris - France
Registered: 21-12-2009
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EUR/USD: Bearish risks could continue to weaken in short term (OCBC)

EUR/USD: Bearish risks could continue to weaken in the short term (OCBC)


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


OCBC believes that the EUR/USD will likely curb its decline on the forex in the short term.

"Italy's good political news this weekend could encourage the short-term EUR/USD rebound, weakening downside risks in the short term.

We expect a range between 1.1820 and the 200-day moving average (1.2021).
"


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