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Yuexin Research: Euro needs to break above 1.06 for the recovery to appear credible
Jinshi Data News on November 28th, Yu Xin Research analysts stated in a report that chart analysis shows that the euro needs to stabilize above 1.06 before investors can be confident in the euro’s recovery. “The euro against the US dollar EUR/USD still needs to rebound above 1.06, even above 1.0660, to convince investors that the euro has achieved a reliable and lasting easing.”