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Forex Flash: EUR/USD holds bullish scope towards 1.28 – NAB

September 02, 2012 | Filed Under »
Forex pairs in this Article » EUR/USD
FXstreet.com (San Francisco) - According to NAB in a research note: "EURUSD has reached our interim (end Q3) target of 1.26, while AUD/EUR has similarly reached our forecast of 0.82. While volatility is set to rise through October, risk now is that some of the additional gains we anticipated during Q4 will materialise sooner. We can see EURUSD trading up to at least 1.28 this month and AUD/EUR down to test 80.0."
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