Euro: Downside bias versus US Dollar toward support – UOB
UOB economists Quek Ser Leang and Lee Sue Ann notes EUR/USD remains under mild pressure after breaking below 1.1720 and touching 1.1695. While intraday conditions look oversold and suggest a 1.1700–1.1755 range, the 1–3 week view still points to a downside bias toward 1.1675.
EUR/USD is likely to continue facing downward pressure, potentially testing the support level at 1.1675 in the coming weeks. A range of 1.1700–1.1755 may provide temporary resistance.
UOB economists Quek Ser Leang and Lee Sue Ann notes EUR/USD remains under mild pressure after breaking below 1.1720 and touching 1.1695. While intraday conditions look oversold and suggest a 1.1700–1.1755 range, the 1–3 week view still points to a downside bias toward 1.1675.
Trade this news on a regulated broker
Turn this story into your next trade — earn cashback on every lot
News moves markets. Open a live account with one of the brokers below and SignalPro pays you cashback on every lot you trade — winning or losing — for the lifetime of your account.
- Open in 5 minutes · USDT TRC20 deposits
- $6.5–$12/lot lifetime cashback
- Full SignalPro VIP access included
- Open in 5 minutes · USDT TRC20 deposits
- $5.5–$10/lot lifetime cashback
- Full SignalPro VIP access included
- Open in 5 minutes · USDT TRC20 deposits
- $5–$9/lot lifetime cashback
- Full SignalPro VIP access included
Trading involves risk of loss. Cashback rates are estimates based on standard lots; actual rebates depend on your account type and instrument. SignalPro receives an introducing-broker commission when you open an account through these links — at no extra cost to you.
Cashback Calculator
How much could you earn back per year?
Move the slider to your real monthly trading volume. We instantly show your estimated yearly cashback at each broker. Cashback is paid for life on every trade you make — closed at a profit or a loss.
Estimates based on published partner cashback programs. Actual rebates depend on account type, instrument, and lot definition. See full VIP Trader Hub →
Trade these moves with SignalPro
Get push alerts the moment our analysts spot setups around news events. Join 50,000+ traders.
Discussion