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1 Jul 2014
EUR strength here for the rest of week - UOB Group
FXStreet (Guatemala) - The Market Strategy Team at UOB Group explained that the ease of which EUR moved above our target at 1.3680 suggests that further EUR strength is likely for the rest of this week.
Key Quotes
“We are expecting a move above the next resistant at 1.3720 but the strong resistant at 1.3775 is likely out of reach for now.Key support for our bullish view has moved higher quickly to 1.3620 from 1.3570 yesterday."
Key Quotes
“We are expecting a move above the next resistant at 1.3720 but the strong resistant at 1.3775 is likely out of reach for now.Key support for our bullish view has moved higher quickly to 1.3620 from 1.3570 yesterday."