EUR/USD downside pressure intact – UOB

FX Strategists at UOB Group noted the pair’s downside sentiment stays unchanged in the near term. Key Quotes 24-hour view: “The anticipated weakness exceeded our expectation as EUR dropped below the 1.1780 support to hit a low of 1.1761. The subsequent strong bounce from the low suggests that 1.1761 is a short-term bottom. From here, […]

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