The height can stop – UOB group


The peak can take a break; The euro must be negotiated between 1.1240 and 1.1415 in comparison with the US greenback (USD). In the long run, extra pressure in euros can’t be excluded, however it might first flow into in a variety for a number of days. The next resistance is 1,1500, FX analysts point out the fast UOB Sir Liang and Peter Chia.

Subsequent resistance to 1,1500

24 -hour imaginative and prescient: “We indicated final Friday that ‘1,1275 was the best level in 2023.’ We have now additionally indicated that “penetration of 1.1275 can stimulate an extra peak” and “the degrees which have to be monitored are 1,1350 and 1,1400”.

imaginative and prescient 1 to three weeks: “Final Friday (April 11, worth at 1.1255), we indicated that the euro” ought to enhance extra and the degrees which have to be monitored are 1,1400 and 1,1450. We didn’t anticipate the euro to exceed each ranges it results in negotiations in a variety for a number of days.


2025-04-14 09:50:00

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