1Finance

EUR/USD trong daily closing last Friday and strong upward momentum suggest that the upward pressure is incomplete, argues UOB Group.

• "The break above 1.1255 late last week has shifted the outlook for EUR to bullish with a target of 1.1475," UOB projects.
• "In order to maintain the current nascent momentum, any pull-back should not move back below the break-out level of 1.1250/55," UOB adds.

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