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Jun 02 - 05:55 AM

EUR/USD - The Door To 2025 EUR/USD High Is Open

By Jeremy Boulton  —  Jun 02 - 03:40 AM

• EUR/USD rises to 1.1420 EBS highest since April 29

• Limit for a correction of 1.1573-1.1065 drop is 1.1464

• A rise over 1.1464 likely to result in test of 2025 high

• Top 20-day Bollingers at 1.1449 allows for bigger rise

• Gold's leap may spur demand for euro and yen


EURUSD


(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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