UOB: EUR/USD Sideways Bias in 1.1385-1.1435 Range
UOB analyst Quek Ser Leang notes EUR/USD trades sideways in a narrow band after dipping to 1.1381 and rebounding to 1.1436, with the pair expected to stay between 1.1385 and 1.1435.
EURUSD
UOB analyst Quek Ser Leang reports that EUR/USD price action offers few fresh clues. The pair dipped to 1.1381 before rebounding to 1.1436.
The outlook remains sideways within a defined band. The expected trading range for the session is between 1.1385 and 1.1435.
The lack of a breakout suggests continued consolidation in the near term.
Source: FXStreet Forex News