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Noticias de trading
24 Apr 2015
Going long on EUR/USD – GrowthAces
FXStreet (Barcelona) - The GrowthAces Research Team maintains its long position on EUR/USD, targeting 1.1000 levels, but also warning of a potential run towards 1.1200.
Key Quotes
“We keep our EUR/USD long position taken at 1.0740. The target is 1.1000. We should realize, however, that the speculative community remains extremely short on the EUR/USD by historical standards and a break above 1.1051, the resistance on March 26, may trigger a short squeeze. That would mean a stronger growth in the EUR/USD rate in the short term. That is why levels even near 1.1200 cannot be excluded next week.”
Key Quotes
“We keep our EUR/USD long position taken at 1.0740. The target is 1.1000. We should realize, however, that the speculative community remains extremely short on the EUR/USD by historical standards and a break above 1.1051, the resistance on March 26, may trigger a short squeeze. That would mean a stronger growth in the EUR/USD rate in the short term. That is why levels even near 1.1200 cannot be excluded next week.”