EUR/USD breaks below recent support levels, with UOB analysts projecting a continued bearish trend toward 1.1150 as the pair struggles to regain momentum.
UOB analysts see EUR/USD slipping to 1.1172 and expect further downside toward 1.1150, reinforcing a short-term bearish bias.
The EUR/USD pair faces renewed selling pressure after failing to maintain its recent trading range. UOB analysts Quek Ser Leang and Lee Sue Ann expect the currency pair to drift toward 1.1150 in the short term, with a potential secondary target at 1.1135.
UOB analysts hold a bearish short-term view, expecting the pair to drift toward 1.1150 following a failure to maintain its recent range.