Euro Remains Vulnerable Below 1.1265 Resistance, UOB Says

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UOB strategists Quek Ser Leang and Lee Sue Ann flag renewed selling in EUR/USD, which dropped to 1.1164 before closing at 1.1195. While downside momentum has cooled, the Euro (EUR) remains vulnerable as long as resistance near 1.1265 holds. The pair faces downside risks toward 1.1140 against the US Dollar.

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