A slight increase in the bearish momentum will probably lead to a lower range than 1,0770/1,0820 instead of a sustained fall. In the long term, current price movements are probably part of a phase of trade in rank; The EUR Cotice is expected to be in a range of 1,0730/1.0845 for now, the FX analysts of UOB Group, to be Leang and Peter Chia.
EUR is expected in a range of 1,0730/1.0845 for now
24 -hour perspective: “Yesterday, we expected the Eur ‘to quote in a lateral range between 1,0780 and 1,0840.’ Subsequently, the EUR traded in a range of 1,0776/1.0829, closing 0.22% in 1.0793.
Perspective 1-3 weeks: “We continue to maintain the same vision as yesterday (April 1, for 1.0815). As indicated, current price movements are probably part of a phase of trade in the range, and the Eur Cotice is expected to be in a range of 1,0730/1,0895 for now.”
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
