EUR/USD Bull Run Could Extend Above 1.1350/80 – BBH

EUR/USD Bull Run Could Extend Above 1.1350/80 – BBH

18 April 2016, 16:25
Roberto Jacobs
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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”.


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