OctaFX | OctaFX Forex Broker
Open trading account
Back

EUR/USD: Bearish while below 1.3350 - 2ndSkies

FXStreet (Bali) - Chris Capre, Founder at 2ndSkies, remains bearish EUR/USD while the pair is below 1.3350.

Key Quotes

"As we wrote about in our weekly market commentary, we suspected the bearish pressure would remain."

"After losing a handle on the key support we mentioned in 1.3193, the pair rejected off of the intra-day, treating it as a role reversal level on Monday, then heading lower."

"For now, remain bearish while the pair is below 1.3350, and watch the price action around 1.3100 which is key support and may see some bulls step in."

AUD/NZD slips up and targets days gains

AUD/NZD is trading at 1.1145, down -0.16% on the day, having posted a daily high at 1.1179 and low at 1.1145.
Read more Previous

NZD/USD catches healthy bid tone on Fonterra

NZD/USD is pushing further up following the announcement made by Fonterra, setting the rate to a new session high of 0.8363 from 0.8320 late in the US.
Read more Next
Start livechat