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10 Apr 2015
EUR/USD below 1.0600 opens up 1.0480 – Kshitij Consultancy
FXStreet (Barcelona) - The Kshitij Consultancy Team maintains a near-term bearish outlook on EUR/USD, expecting a break below 1.0600 to pave way for multi-year lows at 1.0480.
Key Quotes
“Euro dropped sharply yesterday and seems to be under strong bear grip. A fall below 1.060 may take it lower to multi year low of 1.048 seen in March, 2015. The 1.0712 level mentioned yesterday is broken on the downside. Near term is bearish.”
Key Quotes
“Euro dropped sharply yesterday and seems to be under strong bear grip. A fall below 1.060 may take it lower to multi year low of 1.048 seen in March, 2015. The 1.0712 level mentioned yesterday is broken on the downside. Near term is bearish.”