FXStreet (Guatemala) – Analysts at Rabobank offered a technical analyses of EUR/USD in a snap shot.
Key Quotes:
“EUR/USD intraday: key resistance at 1.0665.
Pivot: 1.0665.
Most Likely Scenario: Short positions below 1.0665 with targets @ 1.06 & 1.056 in extension.
Alternative scenario: Above 1.0665 look for further upside with 1.071 & 1.0765 as targets.
Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.”
(Market News Provided by FXstreet)