It is not possible to exclude more dollars twice – UOB group

Though it’s in a state of deep gross sales, it can’t be excluded extra from the double of the US greenback; The following assist degree is 142.50. In the long run, the renewal of the momentum signifies that the US greenback ought to proceed to lower; The medium -term assist ranges are 142.50 and 139.55, and FX analysts point out within the UOB, Sir Liang and Peter Chia Group.

The US greenback is prone to proceed to say no

Seeing 24 hours: “After the motion of unstable costs on Wednesday, we indicated yesterday, Thursday, that after web fluctuations, the expectations are blended.” We anticipated the US greenback to be negotiated in a spread of 145.40 / 148.50. “Our imaginative and prescient of negotiation within the vary was incorrect as a result of the US greenback decreased sharply and closed to 144.45%. Sturdy strain can lower. “”

1 to three weeks expectations: “After having saved a damaging imaginative and prescient of the US greenback because the begin of this month (as indicated within the graph under), we indicated yesterday (April 10, the worth at 146.70) that` `Decreased momentum started to lower and that the penetration of 148.50 will point out that the weak point of the US greenback has settled ”. “We had been unjustified as a result of the US greenback has decreased sharply.