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Apr 13 - 04:55 AM

EUR/USD - Downside Targets For The Coming EUR/USD Decline

By Jeremy Boulton  —  Apr 13 - 02:50 AM
  • There is a high probability that EUR/USD drops further nL2N2WB0BV

  • Since Fed announced taper pair has dropped 1.2135-1.0806

  • Targets for a continuation that drop: 1.0681, 1.0524, 1.0367 and 0.9859

  • Weekly close below 1.0863 will heighten probability drop to 1.0340

  • Next target for drop since introduction EUR is 1.0121

  • Projection drawn off extremes since long-term high is 1.0172







EURUSD projections off record high Click here

EURUSD long-term target Click here

EURUSD Click here

EURUSD weekly targets Click here

Source:
Refinitiv IFR Research/Market Commentary

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