• EUR/USD: Gains through 1.0955 should a little more lift – Scotiabank

Noticias del mercado

16 agosto 2023

EUR/USD: Gains through 1.0955 should a little more lift – Scotiabank

EUR/USD holds in low 1.09 area. Economists at Scotiabank analyze the pair’s outlook.

Euro is generating little or no positive traction

EUR/USD support in the low 1.09 area remains apparent on the short-term chart. 

Despite positive short-term price signals – which indicate a low or bullish reversal may be developing – the EUR is generating little or no positive traction. 

Gains through 1.0955 should give spot a little more intraday lift. 

Support is 1.0875/1.0880.

See: EUR/USD to break 1.09 if the strong condition of the US economy is confirmed – ING

 

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