FXStreet (Guatemala) – Analysts at UOB Group offered a neutral outlook for EUR/USD.
Key Quotes:
“Neutral: Expect sideway trading between 1.1300 and 1.1500. EUR tested the 1.1300 support yesterday with a low of 1.1304.
The down-move is clearly lacking in momentum and does not appear to be part of a sustained down-move. In other words, there is no change to our neutral view wherein we expect this pair to trade in a broad 1.1300/1.1500 for now.”
(Market News Provided by FXstreet)