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16 Sep 2015
EUR/USD: 1.1330 is key for the bulls - UOB
FXStreet (Guatemala) - Analysts at UOB Group are bullish on EUR/USD.
Key Quotes:
"EUR has to recover above 1.1330 or risk a break of the stop-loss at 1.1255. The overnight low of 1.1257 was just a few pips above our current stop-loss at 1.1255."
"The deeper than expected pull-back does not bode well for our bullish view and EUR has to recover above 1.1330 in the next couple of session or the risk of a break below 1.1255 is rather high."
Key Quotes:
"EUR has to recover above 1.1330 or risk a break of the stop-loss at 1.1255. The overnight low of 1.1257 was just a few pips above our current stop-loss at 1.1255."
"The deeper than expected pull-back does not bode well for our bullish view and EUR has to recover above 1.1330 in the next couple of session or the risk of a break below 1.1255 is rather high."