Flash: No signs of a EUR/USD just yet - UOB

FXStreet (Bali) - The Market Strategy Team at UOB Group thinks there is still no evidence that a EUR/USD top might be in place.

Key Quotes

"The expected rally exceeded the target highlighted at 1.3630/35 last Friday with a high of 1.3649. While the upward momentum is struggling, there is no sign of a top just yet. Expect 1.3580 to contain any pullback for another leg higher towards 1.3665/70 before a deeper pullback can be expected."