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Berita trading
28 May 2018
EUR/USD: techncially bearish, with caution - Scotiabank
Analysts at Scotiabank explained the technical outlook for EUR/USD.
Key Quotes:
"EUR/USD short-term technicals are bearish, with caution."
"EUR is showing signs of near-term stabilization in the mid-1.16s after testing a fresh marginal 2018 low."
"Momentum indicators appear exhausted in oversold territory."
"Additional support appears limited ahead of 1.1550 and near-term resistance is expected above 1.1720."