FXStreet (Guatemala) - Analysts at UOB noted the key ranges. With EUR/USD highs today the analysts suggest that immediate downward pressure has eased. Key Quotes: "The sudden reversal last Friday clearly indicates that the recent short-term upward momentum has fizzled out. While the current weakness could extend lower, we prefer to see a daily closing below 1.0580 before adopting a bearish stance." "Only a move back above 1.0660 would indicate that the immediate downward pressure has eased." For more information, read our latest forex news.