credit suisse notes the risk of return to the upward trend in eur / usd.
& quot; & nbsp; eur / usd has had a new meeting to break the resistance of the solid 1.1827 / 38 – at end september and effective traceback to 38.2% of the drop in september / october – and above the line of the neck with a peak at 1.1867, increasing the risk of the end of the correction and resumption of the upward trend.
we look forward to a movement to 1.1895 / 97, and potentially to 1.1913 / 18.
above we have confirmation of 1.1938 we resumed the upward trend in 1.2005 initially, before 1.2034 and the september summit to 1.2092.
the support is 1.1840 / 34 first, then 1.1795, below which it will move to weaken the immediate return to 1.1717 upside risks to price stability. a break below could provide for the 1.1669 / 62. & nbsp; & raquo;
copyright (c), professeurforex.com. all rights reserved.