EUR/USD, Cable: How To Spot A Stronger Recovery? – JP Morgan

The ongoing setbacks in the broader USD up-trend haven’t yet scratched the latter yet so that a straight extension of the prevailing up-trend remains highly likely, says JP Morgan. Reflecting that in EUR/USD, JPM notes that after defending the key-T-junction at 1.2502 (int. 76.4 %), the market …

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EUR/USD, Cable: How To Spot A Stronger Recovery? – JP Morgan