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EUR / USD Analysis
The EUR / USD offers a good opportunity to buy, with decreases towards the 1.1550 level. EUR / USD continues to see strong upward momentum, breaking resistance at 1.1600. OCBC Bank FX strategist
Yazar: editor_1
Yayınlanma: 25 Temmuz 2020 00:45
Güncellenme: 12 Kasım 2024 23:11
EUR / USD Analysis
The EUR / USD offers a good opportunity to buy, with decreases towards the 1.1550 level. EUR / USD continues to see strong upward momentum, breaking resistance at 1.1600. OCBC Bank FX strategist Terence Wu advises buying at Falls towards 1.1550 as the upward trend will be lost at a break below 1.1370 / 00. “At least, for now, no change in overall market sentiment is expected. Momentum, especially the EUR, still looks higher but should stay above the USD level at this point. " "Short-term valuations continue to show higher, but poor performance." “Searching for an excessive top here might not be useful for now. Instead, purchasing opportunities should be sought with decreases towards 1.1550. " ''Overall, the upward trend can only be prevented if the parity drops to 1.1370 / 00. ''İLGİLİ HABERLER
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