EUR/USD – Under 1.2955 required to turn bias negative

EUR/USD remains above the 200 day moving average. We are wary of the weakness seen yesterday but still require a push under 1.2955 in order to turn the bias negative. In the meantime, we remain of the view that there is scope for a return to the 1.3300 region. • In any case, in line with…

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EUR/USD – Under 1.2955 required to turn bias negative

EUR/USD – Under 1.2955 required to turn bias negative

EUR/USD remains above the 200 day moving average. We are wary of the weakness seen yesterday but still require a push under 1.2955 in order to turn the bias negative. In the meantime, we remain of the view that there is scope for a return to the 1.3300 region. • In any case, in line with…

Read the original here:
EUR/USD – Under 1.2955 required to turn bias negative