EUR crosses march on

Author: Sean Lee | Category: News

EUR/JPY has broken above recent resistance at 116.40 and in spite of all the doom-sayers the embattled single currency looks set for some continued strength. EUR/GBP has also broken above recent highs at .8710 and the technical picture is looking increasingly bullish. EUR/CHF hasn’t quite turned the corner and would need to break above 1.2250 to alleviate the bearish momentum but EUR/AUD is another pair now threatening to turn aggressively upwards.

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