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13 Aug 2014
SEB: EUR/USD buyers keep responding - eFXnews
FXStreet (Łódź) - The eFXnews team remark that SEB sees another lower 'shadow' indicating EUR/USD support below 1.3450 on Wednesday.
Key quotes
"It highlights the potentially bullish divergence between the trend in the rate and the fading momentum - which paves the way for a correction higher."
"But as yesterday, keep a double watch at 1.3333 & 1.3445 to get an early warning of a renewed demand supply imbalance."
"Current intraday stretches are located at 1.3315 & 1.3410."
'This content has been provided under specific arrangement with eFXnews.'
Key quotes
"It highlights the potentially bullish divergence between the trend in the rate and the fading momentum - which paves the way for a correction higher."
"But as yesterday, keep a double watch at 1.3333 & 1.3445 to get an early warning of a renewed demand supply imbalance."
"Current intraday stretches are located at 1.3315 & 1.3410."
'This content has been provided under specific arrangement with eFXnews.'