EUR/USD: Market Bias Is To Sell Bounces; Eyes Dec Low At 1.1720 – SocGen

The euro is under pressure but it managed to stabilize around 1.18. What´s next? Maybe it can go lower. Societe Generale Cross Asset Strategy Research discusses EUR/USD outlook and notes that the break of 1.1825 opens the door towards December’s lows at 1.1720, which was the springboard for the move to 1.25. Meanwhile, ScoGen thinks that BTP/Bund spread […]

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