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#1 07-08-2018 09:49:13
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EUR/USD: the euro could resume a consolidation after Monday's decline
EUR/USD: the euro could resume a consolidation after Monday's decline (UOB)
UOB believes that the EUR/USD could consolidate after Monday's decline.
"The EUR/USD hit a low at 1.1527 before rebounding. While downside pressures have eased, the EUR/USD does not seem ready for a significant recovery, and is more likely to consolidate and move laterally.
A potential intraday range could be contained within 1.1520/1.1590."
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Pages: 1
- Index
- » Analyses / Forecasts (by major banks and brokers)
- » EUR/USD: the euro could resume a consolidation after Monday's decline