30 Mar 2015
SEB: EUR/USD pointing lower - eFXnews
FXStreet (Barcelona) - The eFXnews Team shares SEB’s intraday technical outlook for EUR/USD.
Key Quotes
“Initially the pair continued the decline after the bearish key day reversal on Thursday but later on rebounded and ending the day unchanged (doji candle).”
“The behavior has taken some bearishness out of the preceding day’s price action but so far only to a lesser degree.”
“The possible bearish triangle case is also calling for the market to scrutinize support in the 1.06’s as the next step going forward.”
This content has been provided under specific arrangement with eFXnews.
Key Quotes
“Initially the pair continued the decline after the bearish key day reversal on Thursday but later on rebounded and ending the day unchanged (doji candle).”
“The behavior has taken some bearishness out of the preceding day’s price action but so far only to a lesser degree.”
“The possible bearish triangle case is also calling for the market to scrutinize support in the 1.06’s as the next step going forward.”
This content has been provided under specific arrangement with eFXnews.