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fxJul 21, 2026, 6:11 AM

EUR/USD Downside Bias Capped at 1.1390 Support – UOB

UOB analyst Quek Ser Leang notes EUR/USD retains a mild downside bias after breaking below 1.1405 support, but expects losses limited to tests of 1.1390.

EURUSD

United Overseas Bank's Quek Ser Leang observes that EUR/USD has slipped below the prior strong support level of 1.1405, maintaining a mild downward bias.

Intraday moves are expected to be capped, with any declines likely limited to testing the 1.1390 support area. Resistance levels were not detailed in the brief note.

Source: FXStreet Forex News