Bearish target on EUR/USD from Barclays.

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Barclays analysts turned even more bearish on EUR/USD after a break below the support level of 1.1060. As noted in the report their view will be strengthened if the rate drops below 1.0710. Barclays have targets of 1.0460 and then 1.0215.

EUR/USD closed at 1.1005 on Friday, representing a 0.53% increase from the previous close.

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