Flash: EUR/USD downside still vulnerable - UOB

FXstreet.com (Bali) - According to the Market Strategy Team at UOB Group, EUR/USD range-bound conditions are expected to continue today.

Key Quotes

"In line with expectation, EUR traded sideway yesterday. Looking further ahead, the downside still appears vulnerable but for today, further consolidation is likely. Expect 1.3510 to 1.3595 sideway trading range but a clear break below 1.3510 could lead to acceleration lower."