- EUR/USD may see some of Thursday’s sharp losses recovered in the short run – Scotiabank
Notícias do Mercado
28 julho 2023
EUR/USD may see some of Thursday’s sharp losses recovered in the short run – Scotiabank
EUR losses extended a little more before steadying and reversing from the mid-1.09 area. Economists at Scotiabank analyze EUR/USD outlook.
Some decent demand for EUR on dips to the mid-1.09s
Significant net losses on Thursday for the EUR after trading as high as 1.1150 on the day leave a big, bearish print on the daily candle chart and point to spot extending its run lower from the mid-month peak of 1.1275.
Intraday patterns are reflecting some decent demand for EUR on dips to the mid-1.09s, however, and may see some of Thursday’s sharp losses recovered in the short run.
Resistance is 1.1020. Support is 1.0900/10.
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