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EUR/USD is seen sticking to the ongoing consolidation trade in the next weeks, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “While we highlighted yesterday that ‘upward pressure has eased somewhat’, we expected EUR ‘to trade between 1.1270 and 1.1350’. However, instead of consolid

USD/IDR extends recovery from 14,058.45 to confront 21-day SMA. A descending trend line from May 07 adds to the upside barriers. Sellers will wait for fresh weekly low to aim for June 09 bottom. USD/IDR prints 0.53% gains while taking the bids near 14,253 during the pre-European session on Thursday