EURUSD: Downward orientation with 1.10 level being objective - Natixis

Lysu Paez Cortez, research analyst at Natixis continues to have a downward orientation on EURUSD, with the 1.10 level as an objective.

Key Quotes

“EURUSD stabilized around 1.1150 due to the lack of any major indicators, with the exception of June PMIs which are down slightly.”

“Next week, the release of the June inflation flash could therefore weigh on the euro while the dollar will continue to be firm.”