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Flash: EUR/USD heading for 1.3805? - OCBC

FXstreet.com (London) - Emmanuel Ng, strategist for OCBC said they are looking to target 1.3805.

Key Quotes:

“We look to a long EUR/USD today (spot ref: 1.3530) targeting 1.3805 and place a stop at 1.3390”.

“In our view, damaged dollar prospects in the near term coupled with rising risk appetite levels and supportive EZ data flow may potentially see the pair attempt to grind higher from here”.

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