EUR/USD could test parity in the next few days – Scotiabank

EUR/USD was capped around 0.98 again. Nevertheless, the world's most popular currency pair could develop a test of parity in the coming days, in the view of economists at Scotiabank.

Key resistance for the euro aligns at 0.9810 

“The charts are really dominated by yesterday’s huge swing and a bullish – for the EUR – outside range session which may set the pair up for a test of parity in the next few days.”

“Key resistance is at 0.9810 intraday.” 

“Support is seen at 0.9710/20.”