Flash: Period of consolidation in EUR/USD expected - UOB

FXStreet (Bali) - According to the Market Strategy Team at UOB Group, a period of consolidation is due.

Key Quotes

"The 1.3670 target highlighted yesterday was met with a high of 1.3683. While the undertone remains positive, waning momentum suggests a period of consolidation for today. Expect sideway
trading, likely between 1.3600 and 1.3685."