EUR/USD: Additional gains back above 1.0800 in the session would be supportive of a mild rebound – Scotiabank
Source Fxstreet
Mar 28, 2024 11:41
EUR/USD is edging off its intraday low open but remains below 1.0800. Economists at Scotiabank analyze the pair’s outlook.
Resistance is seen at 1.0845/1.0855
EUR/USD losses have edged off the intraday low at 1.0775 and short-term price signals are leaning bullish as a result.
The six-hour chart reflects a potential ‘doji’ candle developing now.
Additional EUR gains back above the 1.0800 zone in the session ahead would be supportive of a mild rebound in the pair at least.
Resistance is seen at 1.0845/1.0855.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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