EUR/USD NEEDS TO PUSH ON THROUGH THE LOW 1.08S TO PUT THE UPPER 1.08 AREA UNDER MORE PRESSURE – SCOTIABANK

avatar
· 阅读量 47




EUR/USD trades firm but can’t – yet – build on gains through the low 1.08s. Economists at Scotiabank analyze the pair’s technical outlook.

EUR/USD finds support on minor dips

The EUR remains well-supported but the market has failed to really develop gains above the 1.0810 Fibonacci retracement resistance point (38.2% of the May decline in spot). 

Spot is finding support on minor dips (1.0775/80 intraday) but really needs to push on through the low 1.08s to put the upper 1.08 area under more pressure (40-Day Moving MA at 1.0860 will be an important objective for the bull trend to develop further).


风险提示:本文所述仅代表作者个人观点,不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证,对于基于该内容所采取的任何行为,不承担任何责任,除非另有书面明确说明。

喜欢的话,赞赏支持一下
回复 0

暂无评论,立马抢沙发

  • tradingContest