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#1 30-07-2018 09:13:30
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EUR/USD: the euro should resume its lateral consolidation today (UOB)
EUR/USD: the euro should resume its lateral consolidation today (UOB)
UOB believes that the EUR/USD should move laterally today.
"Instead of accentuating the decline to 1.16 as expected on Friday, the EUR/USD rebounded after having hit a low at 1.1619.
The recovery lacks momentum and is part of a consolidation phase.
From here on out, the EUR/USD should consolidate today, within a possible range of 1.1630/1.1690."
"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: the euro should resume its lateral consolidation today (UOB)