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Posted by
Two Blokes Jun 17 -
Filed in
Forex
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18 views
Momentum indicators remain flattish; Euro (EUR) is expected to trade in a range against US Dollar (USD), likely between 1.1510 and 1.1605. In the longer run, upward momentum has slowed somewhat; a breach of 1.1480 would suggest EUR may trade in a range instead of rising further, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
