EUR/USD risks a drop below 1.0470 – UOB

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EUR/USD risks a drop below 1.0470 – UOB
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EUR/USD risks a drop below 1.0470 – UOB By pabspiovano EURUSD Currencies Majors Banks

24-hour view: “EUR popped briefly to 1.0577 before easing to close slightly higher at 1.0520 . Despite the advance, momentumare ‘flattish’ and the risk of a sustained rise in EUR is low. Overall, EUR is likely to trade sideways for today, expected to be within a range of 1.0490/1.0570.”

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