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24 Feb 2014
Flash: EUR/USD potential test of 1.38 - Societe Generale
FXStreet (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale, sees that a test of 1.38 is more likely than a pullback to 1.36.
Key Quotes
"EUR/USD 1.3830 is seen by chart folks as the key level to watch and a move to 1.38 looks more likely for now than a break back down below 1.36. That comes later, perhaps with the help of more dovish ECB comments."
Key Quotes
"EUR/USD 1.3830 is seen by chart folks as the key level to watch and a move to 1.38 looks more likely for now than a break back down below 1.36. That comes later, perhaps with the help of more dovish ECB comments."