EUR/USD could reach 1.0630/90 on a break past 1.0480 – SocGen EURUSD Banks
is gaining traction above the 200-Day Moving Average at 1.0393. Analysts at Société Générale expect the pair to target 1.0630/90 on a move above the 1.0480 mark.“EUR/USD is attempting a break beyond the 200DMA denoting possibility of continuation in bounce.” “The low formed this week at 1.0220 is near term support.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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