Back
3 Mar 2015
SEB: EUR/USD downside bias – eFXnews
FXStreet (Barcelona) - The eFXnews Team notes SEB views that the EUR/USD pair trades in the 1.1160-1.1246 range with a downside bias.
Key Quotes
“In range with downside bias. The 1.1160-1.1246 box remains in place. Backdrop tools remain in keeps disfavoring the euro and thus a lower break is more likely once it happens than a move a back up through resistance (1.1246/1.1288). Current intraday stretches are located at 1.1135 & 1.1250.”
This content has been provided under specific arrangement with eFXnews.
Key Quotes
“In range with downside bias. The 1.1160-1.1246 box remains in place. Backdrop tools remain in keeps disfavoring the euro and thus a lower break is more likely once it happens than a move a back up through resistance (1.1246/1.1288). Current intraday stretches are located at 1.1135 & 1.1250.”
This content has been provided under specific arrangement with eFXnews.