Friday, December 1, 2017

EUR / USD (UOB): The Euro could still progress on Forex today :

UOB thinks that EUR / USD could still push upward on Forex in the very near future.

"EUR / USD has moved in a haphazard way, falling back to 1.1807 before climbing back to 1.1931.

While there seems to be a possibility for a clear move above the strong resistance of 1.1930, an increase above the 1.1960 peak seems less likely at the moment.

Support comes in at 1.1870 followed by 1.1840. The lowest of 1.1807 seems out of reach for the moment. "
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