1.2518 / 98 Region Remains Tough Barrier - Credit Suisse - 💹 Trading News

The euro performed better during 2020, but economists at Credit Suisse see more limited upside potential in 2021, largely due to overcrowded positioning. The 1.2518 / 98 area is expected to limit the growth of the EUR / USD pair. “We keep our old an upward bias in EUR / USD after base formation is complete above the March high of 1.1495, while the “measured baseline” remains at 1.2355 and…
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