16 Sep 2014
SEB: EUR/USD respecting resistance or not? - eFXnews
FXStreet (Łódź) - The eFXnews team remark that SEB observed EUR/USD sellers at local 1.2980/90 resistance on Monday.
Key quotes
"A level that needs to be broken to call for a 'V-shaped low' in place and reason to lift attention towards 1.3047 first and secondly to the 1.3110/76-area."
"A sustained move below 1.2908 would on the other hand question this and argues for focus back on the recent 1.2859 low."
'This content has been provided under specific arrangement with eFXnews.'
Key quotes
"A level that needs to be broken to call for a 'V-shaped low' in place and reason to lift attention towards 1.3047 first and secondly to the 1.3110/76-area."
"A sustained move below 1.2908 would on the other hand question this and argues for focus back on the recent 1.2859 low."
'This content has been provided under specific arrangement with eFXnews.'