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Forex pairs in this Article » EUR/USD (Barcelona) - Market Strategists at UOB Group feel that EUR/USD could be subject to downward momentum.

Key Quotes

“The target highlighted at 1.3550 yesterday was exceeded with an overnight low 1.3526.”

“Downward momentum is picking up quickly and the down-move will likely extend lower towards 1.3500 today.”

“Only a clear move above 1.3580 will suggests stabilization for a re-test of the strong resistant at 1.3620.”
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