There is the chance of a near-term EUR/USD rebound, says Commerzbank technical analyst Karen Jones, before further losses. She notes divergence on the 240 minute RSI and strong support at 1.2635, although resistance at either 1.2887 or 1.2914 should contain any recovery. On the downside, Jones has a measured target of 1.2483. EUR/USD now at 1.2681.
Find us on Google+
No comments:
Post a Comment