Flash: EUR could continue to trade defensively - ANZ

FXstreet.com (Barcelona) - The EUR could continue to trade defensively, says Brian Martin, FX Strategist at ANZ, who believes a close below the EUR/USD 1.3020-50 area may signal a possible test down to the 1.25-1.27 range. The EUR performance will depend largely by the European Commission summit on 27-28 June and the ECB policy decision next week, Martin added.