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- EUR/USD has the 1.10 mark in its crosshairs – Scotiabank
EUR/USD has the 1.10 mark in its crosshairs – Scotiabank
EUR/USD consolidates gains above 1.08. Economists at Scotiabank expect the world’s most popular currency pair to test the 1.10 level.
Minor dips set to remain well-supported
“A solid, technical bull trend in the EUR/USD pair is developing and minor dips are set to remain well-supported as a consequence.”
“EUR gains through the 1.0700/50 zone this week imply more near-term upside risk towards the 1.1000/50 area at least.”
“Resistance is seen at 1.0900/10.”
See: EUR/USD could extend its race higher to the 1.0950 mark – ING
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