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#1 29-06-2018 09:34:20

johnedward
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From: Paris - France
Registered: 21-12-2009
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EUR/USD: the euro should not revisit its lows in the very short term

EUR/USD: the euro should not revisit its lows in the very short term (UOB)

     

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


UOB believes that the EUR/USD should not decline again today.

"The EUR/USD fell to a low at 1.1525 before bouncing back. While 1.1525 is probably a short-term trough, we do not anticipate a strong recovery at this point.

The EUR/USD is more likely to consolidate and move laterally or slightly upwards.
"


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

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