EUR/USD: a move of pair above 1.0950 seems probable (UOB)

The EUR/USD could mark new highs on the forex according to UOB.

"EUR/USD moved in a range at 1.0886/1.0933 on Tuesday. The daily close was bullish, and now a move above 1.0950 seems likely.

However, based on current momentum, any rise should not extend very significantly (next resistance is at 1.0980 followed by the major threshold at 1.10).

Support is at 1.0910, and 1.0880 could be solid enough to hold for the moment."