EUR/USD may require further US-centric cues to break 1.38 - OCBC

FXStreet (Bali) - According to Emmanuel Ng, FX Strategist at OCBC Bank, the market may need additional data for EUR/USD to break 1.38.

Key Quotes

"We will continue to re-assess EUR-USD prospects, especially after the latest bombshell from the FOMC. IF EZ data flow remains constructive, the market may require further US-centric cues for the pair to break the 1.3800 support on a sustained basis."