EUR/USD still expected to push higher – UOB
newscatcher
2021-08-03 05:30
EUR/USD still expected to push higher – UOB
FX Strategists at UOB Group still see EUR/USD advancing past the 1.1900 mark in the next weeks. 24-hour view: 'Yesterday, we expected EUR to ‘trade sideways within a 1.1840/1.1895 range'. Our view for sideway-trading was not wrong even though EUR traded within a narrower range than expected (1.1857/1.1896). Momentum indicators are still mostly ‘neutral' and further sidewaytrading would not be surprising. Expected range for today, 1.1855/1.1900.' Next 1-3 weeks: 'Our update from last Friday (30 Jul, spot at 1.

https://www.fxstreet.com/news/eur-usd-still-expected-to-push-higher-uob-202108030521

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