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#1 15-05-2018 08:46:42

johnedward
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From: Paris - France
Registered: 21-12-2009
Posts: 2259
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EUR/USD: the euro still seems bullish in the short term (Scotiabank)

EUR/USD: the euro still seems bullish in the short term (Scotiabank)


http://www.forex-central.net/forum/userimages/Logo-Scotiabank.jpg


Scotiabank believes that the EUR/USD could remain bullish in the short term.

"The EUR/USD has found stable demand since the break through the minor resistance line in the upper 1.18 zone at the end of last week.

Short-term momentum remains positive and the longer-term indicators are bullish.

We see a support level around 1.1940 and anticipate a rise of the EUR/USD above 1.2010/20.
"


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