Sell Bounces In EUR/USD & Get Ready To Buy AUD/NZD

Bank of America Merrill Lynch is still of the view that the USD is in the midst of a short term correction lower, but one that should be seen as an opportunity to add to longs. “Looking at EUR/USD, the pair can squeeze higher to 1.3057 before a resumption of the larger downtrend, but this bounce …

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Sell Bounces In EUR/USD & Get Ready To Buy AUD/NZD – BofA Merrill

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