EUR/USD: Add Shorts On Any Rally Into 1.17-1.18 – Nordea

EUR/USD is drifting lower, trading just under 1.6. What’s next? Here is a strategy from Nordea: Here is their view, courtesy of eFXnews: Nordea FX Strategy Research maintains its bearish EUR/USD outlook into year-end and recommends going short on rallies into 1.17-1.18 range.  “We still think there are general downside risks to European inflation but upside [...]

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