FX Strategists at UOB Group noted EUR/USD could attempt a move to the 1.1830 zone in the next weeks. Key Quotes 24-hour view: “EUR traded between 1.1715 and 1.1769 yesterday, narrower than our expected range of 1.1690/1.1765. The underlying tone has firmed a tad and this could lead to a slow grind higher towards 1.1780. For today, a clear break of the next resistance at 1.1805 is unlikely. Support is at 1.1725 followed by 1.1700.” Next 1-3 weeks: “There is not much to add to our latest update from Wednesday (30 Sep, spot at 1.1740). As highlighted, the movement in EUR is viewed as part of a consolidation phase but improved shorter-term momentum suggests that EUR is likely to probe the top of the expected consolidation range of 1.1630/1.1830 first. Since then, momentum has not improved by much and the prospect for a sustained rise above 1.1830 is still not high.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Breaking: US President Trump tests positive, S&P 500 Futures slumps over 30 points FX Street 2 years FX Strategists at UOB Group noted EUR/USD could attempt a move to the 1.1830 zone in the next weeks. Key Quotes 24-hour view: “EUR traded between 1.1715 and 1.1769 yesterday, narrower than our expected range of 1.1690/1.1765. The underlying tone has firmed a tad and this could lead to a slow grind higher towards 1.1780. For today, a clear break of the next resistance at 1.1805 is unlikely. Support is at 1.1725 followed by 1.1700.” Next 1-3 weeks: “There is not much to add to our latest update from Wednesday (30 Sep, spot at 1.1740). As highlighted, the movement in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
