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EUR/USD risks further downside – UOB

FXStreet.com
 2021-07-21

Cover picture for the articleFX Strategists at UOB Group noted EUR/USD remains poised for extra losses in the short-term horizon. 24-hour view: “EUR dipped to 1.1754 yesterday before rebounding quickly. Downward pressure has eased and the risk of a sustained decline in EUR is not high. For today, EUR is more likely to trade sideways to slightly lower, expected to be within a 1.1750/1.1800 range.”

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