30 Apr 2015
EUR/USD might target 1.1286 in the near-term – Kshitij Consultancy
FXStreet (Barcelona) - Analysts at Kshitij Consultancy see further gains ahead for EUR/USD towards 1.1286 in the near-term if the pair sustains above 1.11 resistance area.
Key Quotes
“Euro (1.1116) has shot up strongly breaking all immediate resistances in the 1.10-1.11 levels. If this rise sustains it may target 1.1286 in the near term. The currency has also got some boost by a sharp rise in the German Bund yields.”
“EURJPY (132.03) has also risen sharply from levels of 130.68 but may come down from 132.6 in the near term.”
Key Quotes
“Euro (1.1116) has shot up strongly breaking all immediate resistances in the 1.10-1.11 levels. If this rise sustains it may target 1.1286 in the near term. The currency has also got some boost by a sharp rise in the German Bund yields.”
“EURJPY (132.03) has also risen sharply from levels of 130.68 but may come down from 132.6 in the near term.”