FXStreet (Guatemala) - Analysts at UOB Group are bearish EUR/USD still. Key Quotes: Only a break above 1.0885 would indicate that the current bearish EUR phase has ended. While the 1.0750 bearish target was exceeded with a low of1.0709, oversold short-term conditions suggests that any further weakness is not going to be a‘straight line’. Overall, only a break of 1.0885 would indicate that the current bearish phase has ended. Otherwise, a move to 1.0640 will not be surprising but it will probably be seen later part of this week or early next week." For more information, read our latest forex news.