EUR/USD: Further gains to the low 1.06 area are possible – Scotiabank

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EUR/USD: Further gains to the low 1.06 area are possible – Scotiabank
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EUR/USD: Further gains to the low 1.06 area are possible – Scotiabank EURUSD Banks

has reached its highest since the summer. Economists at Scotiabank believe that the pair could hit the 1.06 region.“Broader trends are bullish, with the EUR trading above its 200-day MA and finding additional support from bullishly aligned DMI oscillators.”EUR/USD could trade back up to the 1.0480/1.0500 area again – ING

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