20 Mar 2015
SEB: EUR/USD bearish tone persists while below 1.0796– eFXnews
FXStreet (Barcelona) - The eFXnews Team shares SEB’s intraday technical outlook for EUR/USD.
Key Quotes
“The overlapping of 1.0620 was certainly not what we was looking for and the move down to 1.0613 has clearly damaged the case for a continued upward correction.”
“To reinstate a correction case the pair must return above 1.0796 and as long as not doing so a neutral/bearish view persists.”
This content has been provided under specific arrangement with eFXnews.
Key Quotes
“The overlapping of 1.0620 was certainly not what we was looking for and the move down to 1.0613 has clearly damaged the case for a continued upward correction.”
“To reinstate a correction case the pair must return above 1.0796 and as long as not doing so a neutral/bearish view persists.”
This content has been provided under specific arrangement with eFXnews.