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22 Apr 2014
EUR/USD: Monday's decline incomplete - UOB
FXStreet (Bali) - The Market Strategy Team at UOB expects EUR/USD to extend further down today.
Key Quotes
"While the strong support at 1.3780 is still intact, the drop from yesterday’s high of 1.3830 appears incomplete and extension lower is likely for today. Expect 1.3830 to act as a cap for a move towards 1.3760."
Key Quotes
"While the strong support at 1.3780 is still intact, the drop from yesterday’s high of 1.3830 appears incomplete and extension lower is likely for today. Expect 1.3830 to act as a cap for a move towards 1.3760."