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

Noticias del mercado

28 noviembre 2022

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

EUR/USD has reached its highest since the summer. Economists at Scotiabank believe that the pair could hit the 1.06 region.

Test of the low 1.05 area is beckoning

“A test of the low 1.05 area (50% retracement of the 2022 decline) is beckoning.”

“Broader trends are bullish, with the EUR trading above its 200-day MA and finding additional support from bullishly aligned DMI (trend strength) oscillators.”

“Further gains to the low 1.06 region are possible.”

See: EUR/USD could trade back up to the 1.0480/1.0500 area again – ING

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: