EUR/USD: Breaks Of 1.15 Likely Shallow & Short-Lived; EUR/GBP; A Sell Above 0.8950 – Danske

EUR/USD managed to recover after tumbling down. What’s next? Here is their view, courtesy of eFXdata: Danske Research discusses its tactical EUR/USD and EUR/GBP outlook and trading strategy. “The Italian budget issue should not weigh much further on EUR near term, positioning is stretched on USD longs (and neutral EUR), and good technical support is seen […]

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