You are not logged in.

#1 11-06-2018 07:47:36

johnedward
Admin & Trader
From: Paris - France
Registered: 21-12-2009
Posts: 2200
Website

EUR/USD: euro maintains a positive bias on the forex in the short term

EUR/USD: the euro maintains a positive bias on the forex in the short term (UOB)

     

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


UOB believes that the EUR/USD maintains a positive bias and could rise to 1.19 in the near term.

"After four consecutive daily bullish closes, the EUR/USD fell on Friday and closed lower at 1.1786.

Despite the weak price action, we continue to detect a positive tone and do not rule out the possibility that the EUR/USD could record a stronger rebound correction at 1.1900.

Only a breakout of the key support level at 1.1690 would indicate that the current positive bias has eased.
"


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

Offline

 

Board footer