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#1 05-10-2017 10:18:31
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EUR/USD: euro should pursue its decline in the very short term
EUR/USD: the euro should pursue its decline on the forex in the very short term (UOB)
UOB still expects a continuation of the EUR/USD's decline on the forex in the very short term.
"The EUR/USD was rather calm on Wednesday. We continue to believe that the bearish correction may extend itself further and test the August low at 1.1660. At this point, a clear break below this level is not expected.
On the upside, only a move above 1.1820 would indicate that bearish pressures have eased."
"Anything worth having is worth going for - all the way." - J.R. Ewing
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Pages: 1
- Index
- » Analyses / Forecasts (by major banks and brokers)
- » EUR/USD: euro should pursue its decline in the very short term