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Bullish for EUR/USD – UOB

FXStreet (Barcelona) - The UOB Group Research Team maintains their bullish outlook for the EUR/USD pair and set a immediate target of 1.2615.

Key Quotes

“The overnight high of 1.2600 did not reach our immediate target at 1.2615. Despite the deep pull-back from the high, the current outlook is still bullish and we continue to anticipate a move towards 1.2615. Trailing-stop for the bullish view has moved higher to 1.2440 from 1.2400 previously.”

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