Societe Generale’s views on the euro, one to two months of life:
- EUR / USD has crossed the daily Ichimoku cloud, marking a continuing setback.
- The next potential barriers are 1.2245 and the January peak of 1.2350.200-DMA 1.1930 should be supported in the near future.
SG calls the pair S / R.
- 1.2210 / 1.2245