EUR/USD to extend its advance on a break past 1.1410 – SocGen

EUR/USD recoups combined losses of Thursday and Friday. The pair could enjoy considerable gains on a break above 1.1410, economists at Société Générale report.

1.1260 and 1.1210 are short-term supports

“A break above daily Ichimoku cloud at 1.1410 can lead to extension in bounce.”

“1.1260 and 1.1210, the 76.4% retracement of the rebound are short-term supports.”

See: EUR/USD set to move back to the 1.13 level – ING