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EUR/USD: sellers about between 1.13/14 range - Scotiabank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Shaun Osborne Chief FX Strategist at Scotiabank explained that EUR/USD looks well supported on the short-term charts but trend dynamics are sloppy.

    Key Quotes:

    "The market’s inability to test the early February high at 1.1375 suggests the broader trend in the EUR remains somewhat sideways"

    "Levels to 1.13/14 range are still likely to attract selling interest, which has really been the pattern of trade for the EUR over the past year."
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