EUR/USD could see a break below 1.0800 followed by another leg lower to the 1.0700/1.0750 area – ING

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EUR/USD could see a break below 1.0800 followed by another leg lower to the 1.0700/1.0750 area – ING
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EUR/USD could see a break below 1.0800 followed by another leg lower to the 1.0700/1.0750 area – ING EURUSD Banks

“In EUR/USD, the Dollar leg will probably keep driving the majority of the moves.”

“Downside risks persist for the pair on the back of the US debt ceiling impasse, and we could see a break below 1.0800 followed by another leg lower to the 1.0700/1.0750 area should the risk environment deteriorate much further.”Information on these pages contains forward-looking statements that involve risks and uncertainties.

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