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EUR/USD: the euro must break through key support if it is to pursue its correction (Lloyds Bank)

Lloyds Bank believes that the EUR/USD remains in a fallback phase on the forex.
"The EUR/USD remains locked between 1.1100 and 1.1300, with 1.1300/1.1450 representing the range's medium-term resistance.
Our bias, aligned with a general strengthening of the dollar, is for a decline towards 1.1000/1.0950, but we need to observe a break below 1.1110 to confirm this."
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