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Posted by
Two Blokes May 21 -
Filed in
Forex
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2 views
EUR could rise above 1.1290; the current momentum suggests any further advance is unlikely to reach 1.1320. In the longer run, increase in momentum is not sufficient to suggest a sustained advance; EUR must first break decisively above 1.1290, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
