ING Sees EUR/USD Downside Risks Persisting, 1.1320-1.1330 as Key Support

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Francesco Pesole at ING sees EUR/USD downside risks persisting, with the 1.1320-1.1330 area as key support that could be tested quickly on stronger US data or another sharp Oil move higher. The call comes as French spreads weigh on the euro.

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💱Euro/US Dollar FX Spot Rate
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ING sees EUR/USD downside risks persisting as French spreads weigh on the euro and stronger US data could test 1.1320-1.1330 support.