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UOB: Rising risk of euro breaking below the 1.1390-1.1410 dollar support level

UOB: Rising risk of euro breaking below the 1.1390-1.1410 dollar support level

老虎证券老虎证券2026/06/19 06:27
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The senior technical strategist mentioned the "impulsive nature" of the recent decline of the euro against the dollar. The strategist stated that if the weekly support zone at $1.1390-1.1410 is breached, the next technical target will be $1.1210. The strategist added that in the short term, $1.1530 has already become a strong resistance level. According to data from the London Stock Exchange Group, the euro recently fell by 0.2%, quoted at $1.1433.
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