Trading signals

EUR/USD

EURUSD

Brexit headlines and a decline of the US dollar helped the euro to regain some traction. We believe that the euro should benefit from the improvement in risk sentiment and will reverse another portion of its losses.

 

The main scenario is an easing towards the 1.1000 region.

An alternative scenario is a return to 1.1070. 

 

Trading recommendations

 

A break of 1.1030 support can lead to 1.1000.

Buy towards 1.1070 when bulls overcome 1.1050. 

 

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