EUR/USD (UOB) : The Euro could somewhat extend its rebound on the Forex today

UOB expects the rebound of EUR/USD to continue today on the Forex.

«EUR/USD has moved in a range 1.1719/1.1803 yesterday. The daily close was bullish and from here there is the place to go to test the resistance of 1.1820 (the next resistance at 1.1850 should not be threatened).

The support comes in at 1.1750, follow-up of 1.1720. «

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