EUR/USD (Maybank) : The bank maintains a bias to selling rallies, bullish

Maybank always think that it is necessary to sell rallies in EUR/USD on the Forex.

«The momentum downtrend remains intact while the stochastic into oversold territory.

The momentum in weekly indicators and stochastic have a bearish view.

We maintain a bias to sell rallies as bullish on EUR/USD while the political uncertainties in the euro zone and the ECB, which seems to be toward a standardization very gentle and gradual, its policy may weigh on the Euro. «

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