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Any EUR/USD recovery to hold below 1.2570 - UOB Group

FXStreet (Łódź) - The Market Strategy Team at UOB Group see any recovery in EUR/USD to hold below the 1.2570 level.

Key Quotes


"The break of the 1.2540 support resulted in a sharp drop to a low of 1.2485 last Friday."

"Despite oversold conditions, there is no sign of a low just yet."

"Expect any recovery to hold below 1.2570 for a move towards 1.2470."

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