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EUR/USD: Monday's decline incomplete - UOB

FXStreet (Bali) - The Market Strategy Team at UOB expects EUR/USD to extend further down today.

Key Quotes

"While the strong support at 1.3780 is still intact, the drop from yesterday’s high of 1.3830 appears incomplete and extension lower is likely for today. Expect 1.3830 to act as a cap for a move towards 1.3760."

USD/JPY marks time close to its opening level

USD/JPY has stuck in the middle of its intraday range after reaching the Asian high of 102.74.
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EUR/USD is in no hurry to go too far from 1.3800

EUR/USD returned to the opening level of 1.3795 after moving to Asian low of 1.3788
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