EUR/USD pair demonstrated confident growth four days in a row, as quotations formed a maximum near 1.1410.Despite the upturn, however, forex strategists of Societe Generale were not convinced that the time is right to enter short positions as it remains the likelihood of continuing increases in the course.
If oil prices continue to become cheaper and if risk appetite gets worse, then sales of the euro would look more attractive. But analysts advise investors to wait because in this formula are present too many "ifs".
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