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. «