7 hours EUR/USD: Unlikely to reach the major support at 1.0255 – UOB Group FXStreet

Euro (EUR) could edge lower; any decline is unlikely to reach the major support at 1.0255. In the longer run, EUR has to break clearly below 1.0255 before further losses can be expected, UOB Group’s FX analyst Quek Ser Leang and Lee Sue Ann note.

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