FXstreet.com (Barcelona) - Despite the 1.3000 area was violated in EUR/USD, OCBC strategists "do not rule out further tests to the upside (and in fact continue to target the 1.3210 area) multi-session if further clarity out of Spain and Greece emerges. EZ risk premiums currently do not seem to entertain the potential for further hiccups out of Spain/Greece" notes the bank. On the downside, they see 1.2900 area before 1.2740 as targets.
Forex Flash: EUR/USD should target 1.3210 multi-session - OCBC
Fri, Sep 21 2012, 02:57 GMT | FXstreet.com
EUR/USD May 25 at 05:05 GMT
1.2932/39 (0.02%)
H1.2940 L 1.2931
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Any opinions, news, research, analyses, prices or other information contained on this story, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
