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Posted by
Two Blokes Jul 14 -
Filed in
Forex
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7 views
Risk for Euro (EUR) is on the downside against US Dollar (USD), but it does not appear to have enough momentum to reach the major support at 1.1625. In the longer run, if EUR were to close below 1.1660, it could potentially trigger a move to 1.1625, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
