Eur/usd Rallies Towards 1.30 Should Present Good Risk Reward to Sell
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fxpulsation
Posts : 8759 Join date : 2012-01-25
Subject: Eur/usd Rallies Towards 1.30 Should Present Good Risk Reward to Sell Tue Jun 26, 2012 1:02 pm
Eur/usd Rallies Towards 1.30 Should Present Good Risk Reward to Sell
Quotes from RBS: -We have revised down our longer-term outlook for the EUR, reflecting our expectation that concessions by the core Euro-area nations, which may be a near-term EUR positive, could result in EUR-negative longer-term capital outflow from the region. Rallies towards 1.30 should present good risk reward to sell EUR/USD as we anticipate a test of 1.20 during 2H 2013.
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Subject: Eur/usd Rallies Towards 1.30 Should Present Good Risk Reward to Sell 