After a consolidation, the cross has held above a support at 1.6320 (short term retracement) and should test again the key resistance at 1.6830-1.6910 (medium term resistance line and retracement). A break above this area would accentuate the bullish potential in the coming weeks. Buy – Stoploss @ 1.6539 – Target @ 1.6909.
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Natixis
