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EUR/USD constructive near term – UOB

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    The research team at UOB Group expects the pair to remain bid in the next weeks.

    Key Quotes

    “While the longer-term outlook for EUR is rather bullish, the recent run-up is showing signs of slowing down and long should consider taking partial profit near 1.1400”.

    “The next significant resistance is further away at 1.1495. Stop-loss is adjusted higher to 1.1150”.
    For more information, read our latest forex news.

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