EUR/USD: Not sustained the break above 1.15 - Commerzbank

Published: 14/01/2019
EUR/USD: Not sustained the break above 1.15 - Commerzbank
Source: WWW.FXSTREET.COM

Karen Jones, analyst at Commerzbank, explains that the EUR/USD pair, last week broke above the 1.1500 resistance, but has not sustained the break and they may see some further near term consolidation. Key Quotes “We look for a recovery to the 1.1623 October high and the 1.1621 200 day ma and slightly longer term we target 1.1786, the 55 week ma. Dips lower are expected to remain well support

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