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- EUR/USD to extend its advance on a break past 1.1410 – SocGen
EUR/USD to extend its advance on a break past 1.1410 – SocGen
EUR/USD recoups combined losses of Thursday and Friday. The pair could enjoy considerable gains on a break above 1.1410, economists at Société Générale report.
1.1260 and 1.1210 are short-term supports
“A break above daily Ichimoku cloud at 1.1410 can lead to extension in bounce.”
“1.1260 and 1.1210, the 76.4% retracement of the rebound are short-term supports.”
See: EUR/USD set to move back to the 1.13 level – ING
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