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EUR/USD Forecast: More Downside In View, 1.17 Holds For Now

The EUR/USD remains under pressure, so further drop is likely. Pair is moving sideways which could represent a distribution before resuming its downside movement. Only a valid breakout through the downtrend line could invalidate a downside continuation. The EUR/USD forecast sees the pair moving sideways in the short term. This could represent a distribution before … Continued
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