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Euro: Bullish Momentum Targets Mid-1.17s – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret note the euro is showing resilience around 1.1576. Germany's ZEW survey indicates improved expectations, though the pace of recovery remains slow.…

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Scotiabank strategists Shaun Osborne and Eric Theoret note the euro is showing resilience around 1.1576. Germany's ZEW survey indicates improved expectations, though the pace of recovery remains slow. The short-term technical outlook for EUR/USD is bullish, with strong intraday and daily momentum, targeting the mid-1.17s.

Original: https://www.fxstreet.hk/news/ou-yuan-kan-zhang-dong-neng-mu-biao-zhi-xiang-117zhong-duan-jia-na-da-feng-ye-yin-xing-202608181500

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