NAB - We look to buy EUR/USD at 1.2640 for a recovery to 1.29/1.30

National Australia Bank - "We look to buy EUR/USD at 1.2640 for a recovery to 1.29/1.30. Stop 1.2480. We accept in the current environment any sizeable relief rally may be some weeks away, possibly resulting in 1.2630-1.28 range trading."

AUDNZD 1-3 month target: 1.24-1.26; 6-12 month target: 1.22-1.24
AUDEUR 1-3 month target: 0.75-0.77; 6-12 month target: 0.72-0.75
AUDGBP 1-3 month target: 0.62-0.63; 6-12 month target: 0.61-0.62
AUDJPY 1-3 month target: 82-80; 6-12 month target: 82-83
NZDEUR 1-3 monthtarget:0.6250-0.6500; 6-12 month target: 0.5900-0.6300
NZDJPY 1-3 month target 63.50-66.00; 6-12month target: 65.00-67.00
NZDGBP 1-3 month target 0.4950-0.5350; 6-12 month target: 0.4800-0.5100

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Tags: AUD/EUR, AUD/GBP, AUD/JPY, AUD/NZD, AUDEUR, AUDGBP, AUDJPY, AUDNZD, EUR/USD, EURUSD, More…NAB, NZD/EUR, NZD/GBP, NZD/JPY, NZDEUR, NZDGBP, NZDJPY, National Australia Bank

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