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#1 04-06-2018 08:47:59
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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)
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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- Index
- » Analyses / Forecasts (by major banks and brokers)
- » EUR/USD: the euro rebound can still pick up steam on the forex