EUR/USD: Support around 1.0730-1.0750 would be a welcome development for bulls – ING EURUSD Banks
lost more than 100 pips on Friday and closed below 1.0800. Economists at ING expect the pair to find firm support at the 1.0730-50 region. “Given the ongoing correction and soft momentum in EUR/USD, support around 1.0730-1.0750 in the pair would already be a welcome development for EUR bulls.” “We think that any rebound may lose steam around the 1.0870-1.0900 area.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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