Flash: EUR/USD rise set to extend - UOB

FXStreet (Bali) - According to the Market Strategy Team at UOB Group, the EUR/USD up-move is likely to extend higher.

Key Quotes

"EUR rebounded without testing the support highlighted at 1.3545/50 yesterday. While the upward momentum is not very strong at this stage, the recovery appears incomplete and the up-move will likely extend higher. Expect the support at 1.3625 to hold for a move towards 1.3715/20."