Forex News EUR/USD's uptrend is poised to resume, but just not yet, says Commerzbank analyst Andy Hart. Short term he says the outlook can best be described as neutral-to-positive, so more consolidation should be allowed for, probably down to the 9-day MA which comes in at 1.5818 Thursday. On the topside, Hart says above the recent high of 1.6038 targets 1.6250 en route to 1.6571, and this scenario remains in place while support at 1.5684 remains intact. EUR/USD now at 1.5854.
0 comments:
Post a Comment