1.20 area is likely to contain rallies in EUR/USD - Rabobank

"We maintain our view that the 1.20 area is likely to contain rallies in EUR/USD until the end of the year and that 1.25 is still achievable on a 12 mth view. However, political developments in both the Eurozone and the US pose risks to the uptrend in EUR/USD," notes Rabobank Senior FX Strategist...
1.20 area is likely to contain rallies in EUR/USD - Rabobank