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20 Feb 2014
Flash: EUR/USD risks to the upside? - UOB Group
FXStreet (Barcelona) - Market Strategists at UOB Group note that there is not much to add with the quiet sideway consolidation for EUR/USD yesterday.
Key Quotes
“We continue to believe that as long the key support at 1.3645/50 is intact, the risk for the next few days is still on the upside.”
“Having said that, only a break above the key short-term resistant at 1.3775 will lead to a move towards our target at 1.3815/20.”
Key Quotes
“We continue to believe that as long the key support at 1.3645/50 is intact, the risk for the next few days is still on the upside.”
“Having said that, only a break above the key short-term resistant at 1.3775 will lead to a move towards our target at 1.3815/20.”