EUR/USD sticks to the consolidation scheme – UOB By pabspiovano EURUSD Currencies Majors Banks
is still expected to navigate the 1.0870-1.1080 range in the next weeks, suggested FX Strategists at UOB Group.24-hour view: “Yesterday, we held the view that EUR ‘is likely to trade sideways within a range of 1.0900/1.1000’. EUR subsequently traded between 1.0924 and 1.1019. The price actions still appear to be part of a consolidation and we expect EUR to trade between 1.0920 and 1.1020 for today.
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