EUR/USD Still Neutral Near Term – UOB

EUR/USD Still Neutral Near Term – UOB

8 April 2016, 10:37
Roberto Jacobs
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EUR/USD Still Neutral Near Term – UOB

In view of analysts at UOB Group, EUR/USD keeps its neutral bias for the next 1-3 weeks.

Key Quotes

“EUR touched 1.1453 yesterday but dropped quickly from the high”.

“We continue to hold a neutral view but the shorter-term undertone is not as positive anymore and a clear break below 1.1325/30 would indicate that the immediate pressure has shifted to the downside”.


(Market News Provided by FXstreet)

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