EUR/USD: A deeper drop towards 1.04/1.05 is a real possibility – Scotiabank EURUSD Banks
“There is a soft undertone to price action here, even if movement is relatively limited.”
“Sustained losses below support at 1.0680 points to more EUR weakness ahead; a retest of last week’s low at 1.0613 looks inevitable at this point and a deeper drop towards 1.04/1.05 is a real possibility .” Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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