3 Jul 2015
SEB: EUR/USD still struggling with the trendline – eFXnews
FXStreet (Barcelona) - The Technical Strategy Team at SEB offers their intraday technical outlook for EUR/USD, as noted by eFXnews.
Key Quotes
“Only small moves seen yesterday as the market continued to meander around the April trend-line/low end of the 55d ma band. The key question thus remains unanswered; will the support be broken or not? Our guesstimate is that it will but unless breaking below 1.0955 we can’t confirm it.”
This content has been provided under specific arrangement with eFXnews.
Key Quotes
“Only small moves seen yesterday as the market continued to meander around the April trend-line/low end of the 55d ma band. The key question thus remains unanswered; will the support be broken or not? Our guesstimate is that it will but unless breaking below 1.0955 we can’t confirm it.”
This content has been provided under specific arrangement with eFXnews.