EUR/USD a break of 1.1676 will allow a test of 1.1616 – Commerzbank

Karen Jones, Head of FICC Technical Analysis at Commerzbank, noted the cautious stance around the pair. Key Quotes “EUR/USD has again sold off through the December 2017 low. We note the 13 count, which suggests caution and the daily RSI has not confirmed the new low. The market stays immediately offered below the accelerated downtrend […]

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