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#1 19-06-2017 11:57:55

johnedward
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From: Paris - France
Registered: 21-12-2009
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EUR/USD: euro must break through key support if it is to pursue its...

EUR/USD: the euro must break through key support if it is to pursue its correction (Lloyds Bank)


http://www.forex-central.net/forum/userimages/Lloyds-bank-logo.png


Lloyds Bank believes that the EUR/USD remains in a fallback phase on the forex.

"The EUR/USD remains locked between 1.1100 and 1.1300, with 1.1300/1.1450 representing the range's medium-term resistance.

Our bias, aligned with a general strengthening of the dollar, is for a decline towards 1.1000/1.0950, but we need to observe a break below 1.1110 to confirm this."


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

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