EURUSD daily with moving averagesThe euro slide isn't over.MUFG suggests selling the euro from 1.0675 (near spot) with a target of 1.0350 and a stop a
EURUSD daily with moving averages
The euro slide isn’t over.
MUFG suggests selling the euro from 1.0675 (near spot) with a target of 1.0350 and a stop at 1.0850.
“We are recommending a ne wshort EUR/USD trade idea to reflect our view that there is room for the reversal lower to extend further in the near-term. We are expecting the pair to fall back towards support from the 200-day moving average that comes in at around 1.0330,” MUFG writes.
For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here.
www.forexlive.com