EUR/USD still neutral near term – UOB

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    In view of analysts at UOB Group, EUR/USD keeps its neutral bias for the next 1-3 weeks.

    Key Quotes

    “EUR touched 1.1453 yesterday but dropped quickly from the high”.

    “We continue to hold a neutral view but the shorter-term undertone is not as positive anymore and a clear break below 1.1325/30 would indicate that the immediate pressure has shifted to the downside”.
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