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- EUR/USD to enjoy considerable gains on a break above 1.1910 - SocGen
EUR/USD to enjoy considerable gains on a break above 1.1910 - SocGen
FXStreet reports that economists at Société Générale suggest that while above the 1.1750 support, EUR/USD can see gains, which will be extended on a break of the aforementioned 1.1910 resistance.
“It will be interesting to see if the pair can carve out a higher trough as compared to the one in August at 1.1660.”
“Immediate support is located at 1.1750/1.1730, the 61.8% retracement of the bounce. Holding above this, it could attempt a move towards 1.1855 and 1.1910.”
“Overcoming 1.1910 can result in a larger up move.”
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