EURUSD Bullish & Heading 1.1400-1.1500 and Mixed
The USD U-Shape currency band indicates that EURUSD bullish to an estimated upper ceiling 1.1400/1.1500 but the EUR multilateral currency band is "highly mixed", stronger to AUD, NZD, weaker to GBP and CAD and mixed to JPY and CHF. At such, the intraday, weekly and monthly of EURUSD not easy to forecast by the mixed pricing band.
However, EURUSD is very stable and similar to USDCHF and USDJPY by limiting their target zone to 5-7,5 %. Their derivatives however fall to 10-15 % or wider.
However, EURUSD is very stable and similar to USDCHF and USDJPY by limiting their target zone to 5-7,5 %. Their derivatives however fall to 10-15 % or wider.
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