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EUR/USD could push beyond 1.3400 overnight

FXstreet.com (Edinburgh) -It seems the single currency is warming up to trespass the 1.3400 handle in the upcoming Asian session, with the EUR/USD keeping the upper end of the intraday range.

EUR/USD digested the war rumours

The euro now seems to stabilize in the 1.3390-1.3400 band as we enter the last part of the NA session, leaving the door open for further upside during the Asian trading hours, although market participants will remain vigilant regarding the situation in Syria. Chief Strategist Camilla Sutton at Scotiabank commented the technical studies are mixed albeit turning to bearish. The expert added, “The MACD has …read more