EUR/USD still heading North?

Tuesday, 23/05/2017 | 08:37 GMT

Disclaimer

EUR/USD continues to forge its way higher. Having hit yesterday’s target of 1.1250, further gains would make for a return to last August’s highs of 1.1360.

EUR/GBP is pushing higher with the next target being the 50% retracement of the Q4 ’16 sell-off, which maps onto the late March highs around 0.8720.

This article comprises the personal view and opinion of the STO Investment Research Desk and at no time should be construed as Investment Advice

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Source: https://www.stofs.com/en/newsroom/entry/TECHNICAL/eurusd-still-heading-north/?camp=24219

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