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#1 04-06-2018 08:47:59

johnedward
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From: Paris - France
Registered: 21-12-2009
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EUR/USD: the euro rebound can still pick up steam on the forex

EUR/USD: the euro rebound can still pick up steam on the forex (Commerzbank)


http://www.forex-central.net/forum/userimages/LOGO-commerzbank.jpeg


Commerzbank believes that the EUR/USD rebound could strengthen.

"The EUR/USD reached our target range of 1.1553-1.1424 last week and then rebounded.

Rallies met with the 23.6% retracement level at 1.1723. It is not yet clear whether or not the correction is complete, and we cannot rule out a deeper retracement towards 1.1735-1.1875.
"


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

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