seems to have anchored itself in a 1.05-1.10 trading range. Economists at TD Securities see see much more upside than downside in the quarters ahead.“EUR/USD seems to have anchored itself in a 1.05-1.10 trading range. At current levels, we’re around the mid-point of that range, leaving us waiting for better levels to engage.”of 1.15. Still, we prefer to exercise patience, aiming to buy towards the lower end of the new range.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.