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27 May 2014
EUR/USD: Consolidation phase likely - UOB
FXStreet (Bali) - The Market Strategy Team at UOB Group suspects the EUR/USD is entering a consolidation phase.
Key Quotes
"The rebound from the low of 1.3615 is likely the initial stage of a consolidation phase. Expect sideway trading today, likely between 1.3630 and 1.3675."
Key Quotes
"The rebound from the low of 1.3615 is likely the initial stage of a consolidation phase. Expect sideway trading today, likely between 1.3630 and 1.3675."