The panorama is uncertain; The euro (EUR) could continue to negotiate volatile against the US dollar (USD), probably between 1,0810 and 1,0955. In the long term, the trend for EUR is upward; The 1.0955/1.0985 area is expected to offer a solid resistance, FX analysts of UOB Group, quek be Leang and Peter Chia.
EUR can continue to negotiate in a volatile way
24 -hour vision: “We expected the EUR” to be negotiated in a lower range than 1,0770/1,0820 “yesterday. The EUR later fell to 1,0779, but during the late New York session, he oscillated savagely before closing in 1,0855 (+0.57%). The panorama is uncertain after the volatile price action. volatile, probably between 1,0810 and 1,0955. “
Vision at 1-3 weeks: “Two days ago (April 1, quotation in 1,0815), we point out that” current price movements are probably part of a phase of trade in rank, and the EUR is expected to be negotiated in a range of 1,0730/1,0845 for now. “Yesterday, in a sudden movement, the EUR jumped, reaching a maximum of 1,0924. Although there has been an increase in the increase in the Alcista impulse, it is too early to expect a significant increase for now.
Source: Fx Street
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