Forex Flash: EUR/USD recent heaviness may yet persist - OCBC

FXstreet.com (Barcelona) - Post-ECB, the EUR-USD's recent heaviness may yet persist, says Singapore's based Overseas China Banking Corporation Research Team, adding that, "although some consolidation at current levels may be at hand pending further news flow, it the 1.2700 neighborhood is bypassed, expect next support to materialize only towards the 100-day MA (1.2645)."