EUR/USD: Further range trading is likely – UOB Group – FXStreet
Euro (EUR) is under mild downward pressure; it could dip below 1.0255 but is unlikely to reach the major support at 1.0220. In the longer run, further range trading is likely; decreasing volatility suggests a narrower range of 1.0220/1.0365, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.