EUR/USD, Cable: Correction Risk But Bounces A Sell

Bank of America Merrill Lynch remains medium, if not long term, USD bulls. However, in the near term BofA thinks that the USD is set to correct lower, especially against the likes of EUR and GBP. “The small, 5d Head and Shoulders base in EUR/USD targets 1.3068, while the Bullish Reversal d…

Originally posted here:
EUR/USD, Cable: Correction Risk But Bounces A Sell – BofA Merrill

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