BTFD's in play for EURUSD for now

So says ING (not in that manner though ;-) )

ING are out with a little note-ette on the Euro.

"Investors are likely shifting to a 'buy-the-dip' strategy in EUR/USD even if the expectations of US fiscal policy could limit further upside in the near-term."

The folks over there have an idea of where they want to get in with EURUSD and EURJPY longs;

"A dip in EUR/USD into the 1.0740-80 region looks a buy targeting 1.12/13 into June, while a dip in EUR/JPY into 118 looks a buy targeting 124."

eFX News kindly provide us with notes like this and you can see what else they have to offer here.

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