4 Mar 2015
EUR/USD continues along bearish grounds - ANZ
FXStreet (Guatemala) - Analysts at ANZ noted the conditions surrounding the EUR/USD and suggests lower still.
Key Quotes:
"Our short term target for EUR/USD has now been achieved and a break below 1.10 would open the way for a move towards 1.05."
"There is nothing in the price action to suggest the established downtrend is over."
"Remain short for now, despite the improving euro area growth environment."
Key Quotes:
"Our short term target for EUR/USD has now been achieved and a break below 1.10 would open the way for a move towards 1.05."
"There is nothing in the price action to suggest the established downtrend is over."
"Remain short for now, despite the improving euro area growth environment."