DAILY MARKET OUTLOOKUpdate Time: 03 Feb 2016 04:13 GMT
EUR/USD - 1.0925
Despite the single currency's selloff from last Thursday's high at 1.0968 to 1.0810 on Friday, subsequent rebound suggests further choppy trading inside recently established range of 1.0985-1.0776 would continue with mild upside bias and marginal gain from here is likely.
However, indicated upper level should remain intact and bring another retreat later today.
On the downside, only below 1.0810 would revive bearishness for weakness towards aforesaid lower level, break would retain bearishness for weakness to 1.0740/50.
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