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17 Mar 2015
Majors in a technical snapshot - RBS
FXStreet (Guatemala) - Dmytro Bondar, technical analyst at RBS offered a technical snapshot of the majors.
Key Quotes:
"EUR/USD: 1.063 target met, but downtrend remains in place: 1.0245 on to 0.9860 attract."
"GBP/USD: Near-term may see further downside, with recovery looming thereafter."
"EUR/GBP: Recovery back to the channel looms with further downside to 0.6885 on the table."
"USD/JPY: 122.00 resistance may see a correction, but 124.00 and above targets remain."
Key Quotes:
"EUR/USD: 1.063 target met, but downtrend remains in place: 1.0245 on to 0.9860 attract."
"GBP/USD: Near-term may see further downside, with recovery looming thereafter."
"EUR/GBP: Recovery back to the channel looms with further downside to 0.6885 on the table."
"USD/JPY: 122.00 resistance may see a correction, but 124.00 and above targets remain."