23 Jan 2014
Flash: EUR/USD may continue to fade upside moves - OCBC
FXstreet.com (Bali) - According to Emmanuel Ng, FX Strategist at OCBC Bank, the EUR/USD should continue to find solid selling interest ahead of the FOMC next week.
Key Quotes
"Markets may continue to fade upside moves in the EUR-USD ahead of the FOMC next week. If 1.3565 is not challenged successfully multi-session, expect the pair to be drawn towards the 1.3500 area instead."
Key Quotes
"Markets may continue to fade upside moves in the EUR-USD ahead of the FOMC next week. If 1.3565 is not challenged successfully multi-session, expect the pair to be drawn towards the 1.3500 area instead."