EUR/USD
EUR/USD is at an unsustainable rally - UBS
The eurusd has not only reverted its previous negative trend but it has also hit a fresh high at 1.3151 bolstered by better-than-expected euro zone PMI results and bond auctions in Germany, Italy and Portugal, with a sustained decline in the yields of the latter, easing concerns among the market participants.
US ADP (+185K exp.) and Manufacturing ISM (54.5 exp.) results are due later on in the European afternoon.
EURUSD seems to be unsatble at 1.3195
Eur usd going bearish on m5 chart may hit 1.3145
EUR/USD rallies on narrowing German/periphery spreads. going bear
Originally posted by ceesEUR/USD rallies on narrowing German/periphery spreads. going bear
The EUR/USD is still printing new highs and has reached 1.3200 psychological level.
Originally posted by cees
Originally posted by cees
EUR/USD rallies on narrowing German/periphery spreads. going bear
The EUR/USD is still printing new highs and has reached 1.3200 psychological level.
analyst says: “Despite the severe sell, the whole pattern below 1.3230 continues to be corrective in nature, so my outlook is bullish for a break through 1.3212, en route to 1.3360 and 1.35+”, and points to support at 1.3090.
on m15 time frame eurusd still strong bear 1.3145 below possible
on m5 eurusd go up to 1.3200