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SEB: EUR/USD still looks ripe for an attempt higher - eFXnews

FXStreet (Łódź) - The eFXnews team comment that SEB expects EUR/USD to advance towards 1.2931.

Key quotes


"Short-term conditions remain stretched and price action less aggressive to the downside which in combination has created a price/momentum in this timeframe prospective."

"Over 1.2877 would then focus to 1.2931."

"Key resistance is located in the 1.2995/1.3020 zone."

"Current intraday stretches are located at 1.2800 & 1.2895."

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