The appearance is uncertain; EURO (EUR) may probably continue to trade in a wavy way between USD (USD) vs. between 1,0810 and 1,0955. In the long run, the opposite of prejudice for EUR; The 1,0955/1.0985 zone is expected to offer solid resistance, UOB Group’s FX analysts Quek Ser Leang and Peter Chia Note.
EUR can continue to trade in a wavy way
24 -hour landscape: “EUR yesterday“ We waited for the trade in a lower range of 1,0770/1.0820. EUR Later fell to 1,0779, but during the late NY session, 1.0855 (+0.57%) was swinging crazy before it was closed. The appearance is uncertain after the volatile price action.
1-3 week Opinion: “Two days ago (April 01, 1.0815),“ Existing price movements are probably part of a range of trade phase and the EUR is expected to trade in the range of 1,0730/1.0845 for now. Yesterday, the EUR has been an increase in upwards, in general it is too early to expect a significant increase.
