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. the source
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