EUR/USD Holds Upside Bias Above Support Near 1.1440 – UOB
United Overseas Bank notes EUR/USD maintains a firmer tone near 1.1440, with the pair expected to trade slightly higher within a 1.1425–1.1470 range.
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United Overseas Bank (UOB) analyst Quek Ser Leang reports that EUR/USD retains its upside bias, anchored by strong support. The pair is currently holding near 1.1440 with a firmer underlying tone.
According to the note, the near-term outlook points to a slight upward drift within a 1.1425–1.1470 trading band. The comments reinforce the bullish bias as long as the support level holds.
Source: FXStreet Forex News