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EUR/USD: outlook remains constructive – OCBC

FXStreet (Edinburgh) - Emmanuel Ng, FX Strategist at OCBC Bank, sees there is still room for EUR/USD to test the 1.1560 area.

Key Quotes

“We remain constructive for further upside in the pair if USD weakness continues to be pervasive multi-session”.

“Further data risks may be expected from the US CPI readings later today. If 1.1500 is breached, expect little in the way of resistance till 1.1560”.

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