Flash: EUR/USD to trade slightly heavier - OCBC

FXStreet (Bali) - According to Emmanuel Ng, FX Strategist at OCBC Bank, EUR/USD may trade heavy today.

Key Quotes

"The EUR-USD may trade on a slightly heavier tone following price action with the pair expected to be bounded by the 55-day MA (1.3661) and the 1.3790 up top. The latest EZ economic readings remain sketchy and may well discourage undue optimism on the upside in the near term."