Analysts at Societe Generale predict a 50-pips fall in EUR/USD need to the August lows of 1.1660 supply way.
“EUR/USD is drawing near the low shaped in August at 1.1660.”
“Defending this can end result in a bounce, however, multi-month fashion line close to 1.1800 need to be reclaimed for an prolonged bounce.”
“Next draw back projections are positioned close to 1.1610.”
US 10-year Treasury yields refresh 15-week pinnacle with eyes on Fed tapering, US debt restriction and China
EUR/USD Price Analysis: Bears seem into the abyss, 1.1600 eyed