Flash: EUR/USD to hold above 1.3750 - UOB Group

FXstreet.com (Barcelona) - Market Strategists at UOB Group can see EUR/USD making a test of the annual high today.

Key Quotes

“The target highlighted at 1.3800/05 yesterday was met with an overnight high at 1.3811.”

“The expected pullback is likely to stay above 1.3750 today for another attempt higher towards 1.3830/35 (2013 high at 1.3833).”

USD/CHF ranging ahead of double CB action

Having ranged overnight, between 0.8861-0.8875, USD/CHF has declined from its session highs to where it is presently trading at 0.8864, down -0.01%.
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USD/JPY seesaws higher into European session

A choppy start to the trading day for USD/JPY has seen spot climb off opening lows at 102.41, to peak overnight at 102.75, retracing to find support at 102.47, then climbing to post a morning high at 102.85, just above where spot is presently trading at 102.81, up 0.38% on the day.
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