10 Oct 2013
Flash: EUR/USD to revert lower?
FXstreet.com (London) - Emmanuel Ng, strategist at OCBC said on EUR/USD “The pair may potentially revert lower…”
Key Quotes:
“The pair may potentially revert lower if the dollar continues to gain traction on the back of expectations of a compromise on the US fiscal front”.
“On the top side, key resistance is expected only on approach of 1.3600 and then 1.3645 while any break below 1.3500 may invite a test towards 1.3450”.
Key Quotes:
“The pair may potentially revert lower if the dollar continues to gain traction on the back of expectations of a compromise on the US fiscal front”.
“On the top side, key resistance is expected only on approach of 1.3600 and then 1.3645 while any break below 1.3500 may invite a test towards 1.3450”.