You are not logged in.
Pages: 1
- Index
- » Analyses / Forecasts (by major banks and brokers)
- » EUR/USD: the orientation bias remains to the downside in short term
#1 20-06-2018 09:03:45
- johnedward
- Admin & Trader
- From: Paris - France
- Registered: 21-12-2009
- Posts: 3861
- Website
EUR/USD: the orientation bias remains to the downside in short term
EUR/USD: the pair's orientation bias remains to the downside in the short term (Scotiabank)
Scotiabank's outlook for the EUR/USD remains neutral/bearish in the short term.
"Momentum indicators are bearish, but modestly.
Short-term support is limited, prior to the end-of-May low at 1.1510, and we highlight the importance of the 50% retracement of the January 2017 rally, just below 1.1450.
Short-term resistance is expected to lie between 1.1620 and 1.1650."
"Anything worth having is worth going for - all the way." - J.R. Ewing
Offline
Pages: 1
- Index
- » Analyses / Forecasts (by major banks and brokers)
- » EUR/USD: the orientation bias remains to the downside in short term