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Posted by
Two Blokes Jul 23 -
Filed in
Forex
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4 views
There is potential for Euro (EUR) to rise above 1.1765 against US Dollar (USD); overbought conditions suggest it might not be able to hold above this level. In the longer run, price action indicates further EUR strength, likely toward 1.1795, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.