EUR/USD could easily retest parity – ING

EUR/USD stays quiet near 1.0150 early Tuesday. Economists at ING believe that the world’s most popular currency pair could test parity again.

1.0200 should prove short-term resistance

“The trade-weighted euro is a whisker away from the lows of the year and a slightly stronger dollar over the next 48 hours could easily see EUR/USD retesting parity.” 

“1.0200 should now prove short-term resistance.”