Back
20 Nov 2014
Bullish for EUR/USD – UOB
FXStreet (Barcelona) - The UOB Group Research Team maintains their bullish outlook for the EUR/USD pair and set a immediate target of 1.2615.
Key Quotes
“The overnight high of 1.2600 did not reach our immediate target at 1.2615. Despite the deep pull-back from the high, the current outlook is still bullish and we continue to anticipate a move towards 1.2615. Trailing-stop for the bullish view has moved higher to 1.2440 from 1.2400 previously.”
Key Quotes
“The overnight high of 1.2600 did not reach our immediate target at 1.2615. Despite the deep pull-back from the high, the current outlook is still bullish and we continue to anticipate a move towards 1.2615. Trailing-stop for the bullish view has moved higher to 1.2440 from 1.2400 previously.”