EUR/USD to rally further to 1.0788, then 1.0944 – Credit Suisse EURUSD Banks
has cleared key resistance at 1.0612/15. Economists at Credit Suisse look for further strength to 1.0788, then the 50% retracement and trend resistance at 1.0890/1.0944.outlook
“Support at 1.04433 ideally holds to keep the immediate risk higher. Below can see a deeper corrective setback to the 200-Day Moving Average at 1.0350.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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