20 Jan 2014
Flash: EUR/USD extension lower incomplete - UOB
FXstreet.com (Bali) - According to the Market Strategy Team at UOB Group, EUR/USD looks poised to trade lower today.
Key Quote
"The sharp down-move appears incomplete and extension lower is likely for the day. The previous low at 1.3580 is acting as a strong resistant now and this level is expected to hold for move towards 1.3490."
Key Quote
"The sharp down-move appears incomplete and extension lower is likely for the day. The previous low at 1.3580 is acting as a strong resistant now and this level is expected to hold for move towards 1.3490."