EUR/USD: Soft and prone to renewed 1.05 test – Scotiabank
EUR/USD starts Q4 on the defensive. Economists at Scotiabank analyze the pair's outlook. Support 1.0490/1.0500, Resistance 1.0600/1.0610 Developing EUR gains through the latter part of last week stalled Friday and the soft close on the week effectively drew a line under the minor EUR recovery. The trend remains the market’s friend for now and weak…