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26 Feb 2014
Flash: EUR/USD, key level to watch still 1.3770/75 - UOB
FXStreet (Bali) - According to the Market Strategy Team at UOB, the narrow range in EUR/USD should remain for now.
Key Quotes
"The key level to watch is still 1.3770/75. A break above this level will likely trigger bouts of short covering leading to further up-move. In the meanwhile, continue to expect narrow sideway trading between 1.3700 and 1.3775."
Key Quotes
"The key level to watch is still 1.3770/75. A break above this level will likely trigger bouts of short covering leading to further up-move. In the meanwhile, continue to expect narrow sideway trading between 1.3700 and 1.3775."