You are not logged in.

#1 18-04-2017 10:20:41

johnedward
Admin & Trader
From: Paris - France
Registered: 21-12-2009
Posts: 1758
Website

EUR/USD: the euro dollar will likely not move above 1.07 in short term

EUR/USD: the euro dollar will likely not move above 1.07 in very short term (UOB)

     

http://www.forex-central.net/forum/userimages/logo-uob.gif


UOB believes that the EUR/USD might still remain within its current range on the forex at the moment.

"Unlike our downward expectations, the EUR/USD has risen slightly and closed on a positive note. The positive tone could encourage a continuation of the rise, but at this point, an extended move above the 1.0700 level seems unlikely (minor resistance at 1.0680). The support level is at 1.0600 then the troughs of last week towards 1.0665/70."


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

Offline

 

Board footer