Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

EUR/USD outlook

BofA Merrill Lynch notes in a report on Friday:

  • Its time to lower the trailing stop on EUR/USD once again to 1.0695 (just above yesterday's high at 1.0684). We remain bearish for 1.0283 and potentially below. 

  • Finally we wish to raise our trailing stop and target once again for the US $ Index. We wish to raise our stop 98.60 (just below the Thursday, Mar-12 low at 98.65), while we are raising 106.00 (our long term upside objective)  

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.