Greece Consumer Price Index (YoY) dipped from previous 2.9% to 1.9% in September

Instead of continuing to decline, EUR is likely to trade in a range between 1.1600 and 1.1660. In the longer run, risk for EUR remains on the downside, likely toward the major support at 1.1570, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.