29 Nov 2013
Flash: EUR/USD looks mildly bullish - UOB Group
FXstreet.com (Barcelona) - The Market Strategy Team at UOB Group note that while yesterday’s sideways EUR/USD trading was not unexpected, the outlook for today appears mildly bullish.
Key Quotes
“Expect a move above the immediate resistance at 1.3620 towards the strong resistance at 1.3650.”
“Only a break below 1.3560 will suggest that a temporary top is in place, otherwise this pair will likely continue to grind lower.”
Key Quotes
“Expect a move above the immediate resistance at 1.3620 towards the strong resistance at 1.3650.”
“Only a break below 1.3560 will suggest that a temporary top is in place, otherwise this pair will likely continue to grind lower.”