Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD – UOB
EUR/USD: Bullish (since 28 Jun 17, 1.1335): Above 1.1475 would shift focus to the 2016 peak of 1.1615. While we shifted to a bullish EUR stance on Wednesday, the rapid pace of advance despite overbought conditions comes as a surprise. The price action is showing the characteristics of a ‘trending phase’ and from here, a […]
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