EUR/USD: Current corrective pullback has a chance to reach 1.0945 – UOB Group

  • Euro (EUR) could rebound further vs US Dollar (USD), but any advance is likely part of a higher range of 1.1125/1.1225. In the longer run, EUR remains under pressure, but it remains to be seen if the current corrective pullback can reach 1.0945, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.