Technician

EUR/USD: Momentum is slightly pro-growth. Weak momentum does not favor further growth, return to moving averages and consolidation still seems more likely.

EUR/JPY: Momentum is pro-decline. Consolidation and then return to 200-day moving average is likely from technical point of view.

EUR/CHF: We do not expect decline below recent lows.

Read the full report: Technical Research

 

ERSTE