FX

Rebound in euro/dollar expected before downtrend resumes

Date: Tuesday 07 Oct 2014

Technical analysts at Digital Look insisted on Tuesday that the trend in euro/dollar remained impeccably bearish, noting that the only sign of sustained strength would come from a move above the prior weekly candlestick's high at 1.2715.
"However, given the recent steep drop, we wouldn't be surprised to see a rebound...

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