EUR/USD Bull Run Could Extend Above 1.1350/80 – BBH
According to analysts at BBH, the pair needs to clear 1.1350/80 in order to extend the bull run.
Key Quotes
“The euro fell to $1.1235 last week, its lowest level since Yellen spoke at the NY Economic Club at the end of March”.
“It
is not clear from a technical perspective if this pullback is the
beginning of a more sustained move or whether it’s simply a short bout
of profit-taking before the uptrend resumes”.
“A move above $1.1350-$1.1380 would suggest the euro's uptrend remains intact”.
