FX:EURUSD   Euro / U.S. Dollar
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We would expect EUR/USD             to drop 2.50/3.00% in the event of a Brexit. The EUR/USD             rate has moved about 20% as much as GBP/USD             in reaction to the most recent poll releases.
The target is positioned @ 1.0974
on 24 June the target was reached
As we mentioned in the previous comment we believe that if there is a Brexit next week, the euro would not to behave as a safeheaven, but rather to see the euro under big pressure on fear of further discord with the region.
Please remind yourself that this is just my personal view on the market. My analysis should NOT serve as any recommendation to buy or to sell.
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