Flash: Watch for EUR/USD close below 1.3690/95 - UOB Group

FXstreet.com (Barcelona) - Market Strategists at UOB Group recommend investors watch for a move below EUR/USD 1.3690/95 for confirmation that a short term top is in place.

Key Quotes

“The overnight high of 1.3746 came close to the target highlighted at 1.3750 yesterday. While the upward movement is not very strong, expect further grind higher towards 1.3780 today.”

“Only a move below 1.3690/95 will indicate that a short term top is in place.”