The latest on the euro and four other pairs from United Overseas Bank
EUR/USD: Bearish: Next key level at 1.1140/45.
Momentum indicators continue to deteriorate and the prospect for the current bearish phase to extend lower to the next key level at 1.1140/45 is not high. Unless there is a clear break below 1.1180 within these couple of days, a move back above 1.1295 is enough to indicate that a short-term low is in place.