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25 Feb 2013
Forex Flash: EUR/USD close key to determining sentiment - Societe Generale
Kit Juckes, Global Head of Currency Strategy at Societe Generale comments that from technical perspective, today´s EUR/USD close will be watched to determine near term sentiment, with 1.3250 acting as the key level in question.
He writes, “Our short-term tactical trading will take its cue from that, our longer term view (EUR/USD currently at the bottom of an H1 range, but likely to fall in 1.20 in H2) is unchanged.”
He writes, “Our short-term tactical trading will take its cue from that, our longer term view (EUR/USD currently at the bottom of an H1 range, but likely to fall in 1.20 in H2) is unchanged.”