22 Oct 2014
SEB: EUR/USD topside failure and supply shown - eFXnews
FXStreet (Łódź) - The eFXnews team comment that SEB noted a +1.2845 EUR/USD break following the publication of euro-negative news.
Key quotes
"The U-turn & low session close show renewed supply finding its way to market and if breaking nearby support at 1.2713/659, the short-term key 1.2625/05 zone would become exposed once more."
"Current intraday stretches are located at 1.2676 & 1.2800. "
Key quotes
"The U-turn & low session close show renewed supply finding its way to market and if breaking nearby support at 1.2713/659, the short-term key 1.2625/05 zone would become exposed once more."
"Current intraday stretches are located at 1.2676 & 1.2800. "