Wednesday, October 7, 2015

EUR/USD: come on 1.1330 if you think you are bullish enough? - UOB

FXStreet (Guatemala) - Analysts at UOB group explained that EUR/USD looks technically neutral.

Key Quotes:

"Expect further choppy trading, likely between 1.1115 and 1.1330. As indicated yesterday, despite improvement in momentum, only a clear break above 1.1330 would indicate the start of a bullish phase."

"The sharp drop form the high of 1.1289 yesterday suggests that the current neutral consolidation phase is still intact. In other words, further choppy is still expected, likely within the key levels of 1.1115 and 1.1330."
For more information, read our latest forex news.

No comments:

Post a Comment