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SEB: A bearish triangle in EUR/USD - eFXnews

FXStreet (Łódź) - The eFXnews team remark that SEB sees EU/USD' move below the 1.2471 level failing to attract much selling.

Key quotes


"The upside is not in focus right now."

"Could it be a bearish triangle forming? -We will know in due time."

"Inter-range levels we care to watch are located at 1.2534 & 1.2567 (nano perspective Fibos above) and 1.2471 & 1.2457 below."

"Current intraday stretches are located at 1.2430 & 1.2555. Key resistance in the short-term timeframe perspective remains at 1.2605/14."

'This content has been provided under specific arrangement with eFXnews.'

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