4 Jun 2015
EUR/USD above 1.1200, so, on its way to 1.1465? - UOB
FXStreet (Guatemala) - Analysts at UOB Group explained the bullish conditions surrounding EUR/USD above 1.1205.
Key Quotes:
"From here, we are expecting a break of 1.1320 for a move to 1.1400 followed by the key major mid-term resistance at 1.1465."
"In order to maintain the current strong momentum, any pull-back should hold above 1.1200 but only a break below 1.1150 would indicate that our bullish view is wrong."
Key Quotes:
"From here, we are expecting a break of 1.1320 for a move to 1.1400 followed by the key major mid-term resistance at 1.1465."
"In order to maintain the current strong momentum, any pull-back should hold above 1.1200 but only a break below 1.1150 would indicate that our bullish view is wrong."