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Forex Flash: EUR/USD important support zone lies at 1.3093/42 - UBS

By FXstreet.com,  January 03, 2013, 01:01:00 AM EDT

FXstreet.com (Barcelona) - According to Fixed Income & FX Research Team at UBS, EUR/USD still remains bullish while last trading at 1.3139, off fresh session lows at 1.3122.

"The important support zone lies at 1.3093/42," the analysts note."While this holds, there is potential for the pair to resume strength," they add, concluding: "Resistance is at 1.3308 ahead of 1.3386."




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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