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EUR/USD bull run could extend above 1.1350/80 – BBH

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    According to analysts at BBH, the pair needs to clear 1.1350/80 in order to extend the bull run.

    Key Quotes

    “The euro fell to $1.1235 last week, its lowest level since Yellen spoke at the NY Economic Club at the end of March”.

    “It is not clear from a technical perspective if this pullback is the beginning of a more sustained move or whether it’s simply a short bout of profit-taking before the uptrend resumes”.

    “A move above $1.1350-$1.1380 would suggest the euro's uptrend remains intact”.
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