EUR/USD: The 1.0650/1.0750 range is reachable in the next few weeks – Scotiabank EURUSD Banks
holds firm trend through the upper 1.05s. Economists at Scotiabank believe that the pair could reach 1.0650/1.0750 in the coming weeks.“EUR/USD looks somewhat consolidative but the broader uptrend is intact and not at any obvious risk at the moment.”
“Gains through 1.06 sustain the developing bull trend in the short run and will help lift the EUR towards the 1.0650/1.0750 range we think is reachable in the next few weeks.”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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