Technician

EUR/USD: Momentum strongly pro-decline, but euro significantly oversold. Rebound from 1.191 level seems likely from technical point of view, as there is combination of support for euro, accelerated pace of decline and strong oversold conditions for euro.

EUR/JPY: Target level for current declining trend is combination of 142 level and 200-day moving average.

EUR/CHF: Further consolidation likely.

Read the full report: Technical Research