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#1 16-03-2017 09:08:08

Admin & Trader
From: Paris - France
Registered: 21-12-2009
Posts: 2085

EUR/USD: euro could still climb, but most of the move is done (UOB)

EUR/USD: the euro could still climb on the forex, but most of the move is already done (UOB)

The EUR/USD could pursue its climb in the very short term on the forex according to UOB, but without any new major rally.

"The strong rebound of the EUR/USD seems tense. While a continuation of the movement cannot be ruled out, the pace of any rise should be weaker, and a sustained break above 1.0780 seems unlikely. The support levels are at 1.0700, followed by 1.0670."

"Anything worth having is worth going for - all the way." - J.R. Ewing



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