EUR/USD: Sidelined On Conflicting Signals; USD/JPY: Stay Long For 105

EUR/USD has breached its near term resistance line and in doing so introduced scope to re-test the 1.3740/35 recent high and Fibonacci retracement, notes Commerzbank. “While this delays our bearish outlook it does not negate it. The market recently failed ahead of its 2008-2014 downtrend at 1.387…

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EUR/USD: Sidelined On Conflicting Signals; USD/JPY: Stay Long For 105 – Commerzbank

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