Flash: EUR/USD, 1.30 a reachable target - Societe Generale

FXstreet.com (Barcelona) - According to Kit Juckes, Head of FX at Societe Generale, the fall in the EUR/USD won't be dramatic, instead, Juckes thinks that the pair will "merely meander down withn the 1.25/1.35 range that has held for almost all of the last two years, wirh a break requiring Fed tightening." Still, Juckes believes 1.30 is reachable.

EUR/AUD can’t hold on to 1.42

EUR/AUD has had high volatility the past 24 hours after the release of the ECB interest rate decision.
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USD/JPY posts bearish engulfing candle Thursday – minimum downside target 0.9693

The greenback – and thus the USD/JPY – rallied hard into the announcement of the US GDP but then immediately tumbled and continued to tumble into the mid-afternoon in the US.
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