27 Jan 2015
EUR/USD may resume lower – UOB
FXStreet (Barcelona) - Analysts at UOB Group, expect EUR/USD to make a move lower towards 1.1000 levels in the coming week.
Key Quotes
“The sharp up-move from the low of 1.1098 yesterday is viewed as a corrective recovery. We continue to hold a bearish stance and expect EUR to move towards 1.1000 in the coming week. Trailing-stop is unchanged at 1.1360.”
Key Quotes
“The sharp up-move from the low of 1.1098 yesterday is viewed as a corrective recovery. We continue to hold a bearish stance and expect EUR to move towards 1.1000 in the coming week. Trailing-stop is unchanged at 1.1360.”