Flash: EUR/USD upside risks diminished - UOB Group

The Market Strategy Team at UOB Group are expecting sees a diminished upside risk for EUR/USD.

Key Quotes

“The 1.3620 resistant was stronger than expected and the failure to break this level convincingly suggests diminishing upside risk.”

“For today, expect bearish bias towards 1.3550 and 1.3620 will likely continue to act as a strong resistant.”