fxstreet.com 23 Feb, 2021 06:45 am

EUR/USD seen between 1.2050 and 1.2200 – UOB

EUR/USD seen between 1.2050 and 1.2200 – UOB
FX Strategists at UOB Group noted EUR/USD is expected to navigate within the 1.2050-1.2200 range in the next weeks. Key Quotes 24-hour view: “We expec

In other words, a sustained advance above 1.2200 before a sustained advance can be expected (next resistance is at 1.Upward momentum has improved and further gains appears likely but overbought conditions could ‘limit’ gains to a test of 1.Shorter-term upward momentum has improved somewhat but EUR has to close above 1.

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