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#1 02-05-2018 09:26:48
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EUR/USD: the euro could still reinforce its decline below 1.20 (OCBC)
EUR/USD: the euro could still reinforce its decline below 1.20 (OCBC)
OCBC notes that a break below 1.2000 would offer a new bearish signal.
"The EUR/USD should continue to follow its implied short-term value, which collapsed last week.
Key signals for an extension of the decline will depend on the ability of the 200-day moving average (1.2016) and 1.2000 to curb bearish traders."
"Anything worth having is worth going for - all the way." - J.R. Ewing
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Pages: 1
- Index
- » Analyses / Forecasts (by major banks and brokers)
- » EUR/USD: the euro could still reinforce its decline below 1.20 (OCBC)