EUR/USD hit new two-month lows as the situation in Europe worsens. What’s next?
Here is their view, courtesy of eFXdata:
TD Research discusses EUR/USD outlook and highlights the importance of closing above the 1.1345 level to regain some support in the near-term.
“The majors sit mostly in a holding pattern, as the recent sessions showed the market confirming the lower end of the ranges.
We remain headline watchers, especially in regards to a possible US/China trade truce and European politics. The Brexit clock is ticking and EURUSD needs a close above 1.1345 to reinforce support,” TD notes.
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