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Forex pairs in this Article » EUR/GBP (Edinburgh) -Strategists at the Swiss lender UBS argued the EUR’s outlook against its major peers remains mostly neutral ahead of the ECB meeting due on Thursday.

Key quotes

Regarding the EUR/GBP, they keep the neutral stance adding at the same time “Support is at 0.8429, a break through which would trigger a deeper sell-off to 08333. Resistance is at 0.8515 ahead of 0.8603”.

Same outlook for the EUR/CHF: “Resistance is at 1.2376 ahead of 1.2415. Support is at 1.2277 ahead of 1.2215”.

And finally, they hold a bullish bias on the EUR/JPY, arguing, “The latest weakness was staged from the resistance at 135.51. There is a strong support at 131.15. While this holds, the potential is for resumption of strength”.
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