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Flash: EUR/USD looks overbought– UOB Group

FXstreet.com (Barcelona) - The Market Research Team at UOB Group feel that EUR/USD looks overbought and likely to range today.

Key Quotes

“The target highlighted at 1.3605/10 yesterday was met with a high of 1.3613.”

“Overbought conditions coupled with waning momentum suggests sideways trading for today. Expect 1.3545 to 1.3620 range.”

EUR/USD climbs beyond 1.3600

A bout of buying interest after the Spanish data lifted the EUR/USD to fresh session highs above the 1.3600 handle on Thursday...
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