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23 Apr 2015
EUR/USD outlook bearish – Kshitij Consultancy
FXStreet (Barcelona) - The Research Team at Kshitij Consultancy, maintain a bearish outlook on EUR/USD, targeting 1.0562-1.0535, while expecting EUR/GBP to see a dip towards 0.7100 before bouncing higher.
Key Quotes
“Euro saw a high of 1.08 yesterday but fell back from there to close the session at 1.0724. It is currently trading lower and may soon test 1.0562-1.0535 on the downside. Near term remains bearish.”
“EURGBP fell sharply yesterday due to sharp rise in the Pound and may dip slightly to 0.7100 before again bouncing back towards 0.7200. Note that it is currently testing support and may soon see a bounce.”
Key Quotes
“Euro saw a high of 1.08 yesterday but fell back from there to close the session at 1.0724. It is currently trading lower and may soon test 1.0562-1.0535 on the downside. Near term remains bearish.”
“EURGBP fell sharply yesterday due to sharp rise in the Pound and may dip slightly to 0.7100 before again bouncing back towards 0.7200. Note that it is currently testing support and may soon see a bounce.”