31 Jul 2013
Flash: EUR/USD supported by slew of confidence indicators - OCBC Bank
FXstreet.com (Barcelona) - Emmanuel Ng of OCBC Bank notes that the slew of confidence indicators and supportive German Gfk consumer confidence index kept the EUR/USD supported on Tuesday.
Key Quotes
“Expect the pair to remain subdued ahead of the FOMC later in the global day.”
“If the 1.3300 resistance is breached meaningfully, expect an ascent towards 1.3400/40 as we continue to expect a supported tone for the pair.”
Key Quotes
“Expect the pair to remain subdued ahead of the FOMC later in the global day.”
“If the 1.3300 resistance is breached meaningfully, expect an ascent towards 1.3400/40 as we continue to expect a supported tone for the pair.”