Technician

EUR/USD: Momentum is roughly neutral. Consolidation around 60-day moving average is likely (200-day/20-day moving average range).

EUR/JPY: There is still room for continuation of correction; it could easily continue at least to 60-day moving average.

EUR/CHF: Rising trend is likely near its end. There are two possible scenarios – consolidation below 1.24 level or decline back to moving averages.

Read the full report: Technical Research

 

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