EUR/USD: HAS A CHANCE TO BREAK BELOW 1.0815 – UOB GROUP

avatar
· Views 142


Chance for the Euro (EUR) to edge lower. Any decline is still unlikely to break clearly below 1.0815. This level is expected to provide solid support, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann note.

The nearest support is at 1.0815

24-HOUR VIEW: “We detected ‘a tentative buildup in downward momentum’ yesterday. We expected a weaker EUR, but we were of the view that ‘any decline is unlikely to break clearly below 1.0815.’ EUR subsequently fell, but did not threaten the 1.0815 level, as it rebounded from a low of 1.0824. It then closed at 1.0839 (-0.11%). While there is no clear increase in downward momentum, there is a chance for EUR to edge lower today. However, any decline is still unlikely to break clearly below 1.0815. Resistance is at 1.0855 and 1.0865.”


免責事項:本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。

この記事が気に入ったら、著者にチップを送って感謝の気持ちを表しましょう。
応答 0

  • tradingContest