There’s little to add to our recent message on the EUR.
That is that we are in a 1.17-1.19 consolidation phase that is currently into its third week but we expect the eventual break to be to the topside and for the trend of the last few months to reassert itself at that point.
In the meantime, hold core longs and look to add on dips towards 1.1700. Above 1.1920 would suggest renewed momentum can be bought.
That is that we are in a 1.17-1.19 consolidation phase that is currently into its third week but we expect the eventual break to be to the topside and for the trend of the last few months to reassert itself at that point.
In the meantime, hold core longs and look to add on dips towards 1.1700. Above 1.1920 would suggest renewed momentum can be bought.
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