Currency Analyst since 2010

EUR/USD: there's still the chance of $1.3500

Analysts at CMC Markets expect EUR/USD to climb to $1.35, completing a second corrective phase, before turning lower for a third time to end an Elliott Wave chart pattern that began in May.

Analysts at Westpac also think that the pair may recover towards “the breakdown point at $1.3500” as US non-farm payrolls disappointed many traders.

Analysts at SEB Bank target $1.3477/$1.3508 as long as EUR/USD is trading above $1.3378.

Chart. Daily EUR/USD

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