DAILY MARKET OUTLOOK
Update Time: 28 Dec 2015 01:04 GMT
EUR/USD - 1.0972
Euro's intra-day firmness in holiday-thinned Asian trading Monday suggests re-test of last week's high at 1.0894 (Tuesday) would be forthcoming soon where a break there would signal the correction from December's 6-week peak at 1.1060 has ended earlier at 1.0870 (Wednesday), then further gain towards 1.1013 would follow later today or tomorrow.
On the downside, only below 1.0924 (previous minor res, now sup) would 'prolong' choppy trading and may risk weakness to 1.0903, however, reckon 1.0870 sup should remain intact.
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