Long term support holding. Trend still remains bearish but we can not exclude a significant correction. Most important will be the rumors about ECB QE - that will be the main driver for Euro crosses
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Long to short ratios before the market open :
Small move up (1.1854 Bloomberg) but remember last week ...
No surprises this time
No gap, no surprise, I'm not sure the correction would continue for the coming week.
After eur/usd's recovery attempt on Friday, I suspect further recovery might follow, on the upside resistance lies at the 1.1900 level.
Long term support holding. Trend still remains bearish but we can not exclude a significant correction. Most important will be the rumors about ECB QE - that will be the main driver for Euro crosses
The EURUSD has returned to the 1.1800 level and it could find some support around this level once more.
Morgan & Stanley expecting 1.23 ish levels before continuing down
Morgan & Stanley expecting 1.23 ish levels before continuing down
Right now it is right at the long term support. If the support hold, then we can expect a bounce up
Ranging - now 1.1800 is being used as psychological support