#EURUSD @ 1.09185 : A push to 1.10 remains the objective – Scotiabank
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EUR/USD rises steadily from Monday’s low to regain the 1.09 area. Economists at Scotiabank still expect the world’s most popular currency pair to push above the 1.10 handle.
“Short-term trends look flat for EUR/USD but solid gains off the early week low for spot confers a slightly more positive spin on prospects and the longer run technical patterns remain bullish-leaning.”
“Sustained gains through 1.09 today should see the mid-1.09 are retested. A push to 1.10+ remains the objective for this move.”
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