EUR/USD: the euro remains bullish on the forex as long as it evolves above 1.1695 (Lloyds Bank)

Lloyds Bank maintains a bullish bias on the EUR/USD above 1.1730/1.1695.

"Volatile intraday movements pushed the EUR/USD, testing the 1.1730/1.1695 support zone.

As long as this zone holds, the decline from the 1.1850 zone still seems to be corrective.

A break below would suggest that we are still in the 1.1550/1.1850 range, with a risk of testing the lows.

Our bias remains for a move towards 1.21 and potentially higher - depending on upcoming political developments."