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EUR/USD: the euro is heading towards 1.20 following Yellen's speech (Credit Agricole)

The Credit Agricole bank believes that the EUR/USD could move towards 1.20 following Yellen's speech.
"Yellen did not stand in the way of a rise of the EUR/USD towards 1.20. The pair should move to this area in the short term.
The EUR/USD already had a bullish bias, and now Yellen is no longer an immediate obstacle, the pair is ready to test these heights."
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