You can review the euro/USD to 1.0430 before recovery – UOB Group

You can review the euro (euro) to 1.0430 for US dollar (USD) before recovery; Strong support at 1.0415 is unlikely to be threatened. In the longest term, Outlook is for positive, with a technical goal of 1.0530, FX analysts in UOB Quek Ser Leang and Peter Chia Note.

Expectations for EUR positive

24 -hour width: “We expected EUR to merge in a range of 1.0455/1.0505” yesterday. Our forecast was incorrect, as EUR decreased to 1.0434, as it was closed at 1.0445 (-0.35 %). There is no significant increase in momentum at 1.0465, followed by 1.0485. “

1-3 weeks show: “Our last narration was last Friday (February 14, Al-Baqa in 1.0460), where“ expectations for EUR are positive, with a technical goal of 1.0530. Then EUR rose to 1.0514 before dilution.