- EUR/USD: Next stop on the downside is at 1.1185 – SocGen
Market news
27 tháng 1 2022
EUR/USD: Next stop on the downside is at 1.1185 – SocGen
EUR/USD continues to edge lower toward 1.1200. Economists at Société Généraleexpect the world’s most popular currency pair to extend its decline towards 1.1185.
Retest of 1.1185 not ruled out
“There is a risk of further decline towards recent trough and multiyear trend line near 1.1185/1.1160 and 1.1040.”
“First hurdle is at 1.1295.”
Market Focus
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 disclaimerOpen Demo Account & Personal Page