EUR/USD to extend its rebound on a break past 1.06 EURUSD
“In case safe-haven flows dominate the markets during the American session,“On the upside, 1.06 forms the first resistance. With a four-hour close above that level, the pair could extend its rebound toward 1.0640 and 1.0660 .”
“A four-hour close below 1.0540 could be seen as a bearish development and open the door for additional losses toward 1.05 and 1.0470 .”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. You should do your own thorough research before making any investment decisions.
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