Barclays estimates the next target of EUR/USD near 1.0640.

Home / Barclays / Barclays estimates the next target of EUR/USD near 1.0640. FORECAST

The strategy team at Barclays Capital provided trading strategies for six major currency pairs on January 25. The technical setup for EUR/USD was as follows: The currency pair closed below 1.0805 on Friday, which supported the Barclays’ initial outlook towards 1.0710 target level. The analysts expect that next target will be near 1.0640 and then may decrease to 1.0520 range lows.

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