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EUR/USD: UBS recommends the sale of the pair on rallies

UBS believes that there is a good opportunity to sell the EUR/USD on rallies.
"We currently believe that we are in a wider correction phase, and that the pair could fall to 1.15 by the end of the month.
At the moment, we are looking to sell the EUR/USD on rallies towards 1.1750 with a stop loss just below the 1.1800 level."
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