Flash: EUR/USD would aim to 1.3208 – Commerzbank
Key quotes
“EUR/USD should remain below its current August high at 1.3401 and still eyes the 1.3208/1.3188 support zone”.
“Only a drop through this support area will alleviate recent upside pressure. Failure here will target the 1.3000 region”.
“A rise above 1.3420 would suggest ongoing strength to 1.3500/20… This is regarded as the last defence for the 1.3711 February high”.
Key quotes
“EUR/USD should remain below its current August high at 1.3401 and still eyes the 1.3208/1.3188 support zone”.
“Only a drop through this support area will alleviate recent upside pressure. Failure here will target the 1.3000 region”.
“A rise above 1.3420 would suggest ongoing strength to 1.3500/20… This is regarded as the last defence for the 1.3711 February high”.
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