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EUR/USD: the euro should consolidate today on the forex (UOB)

The EUR/USD pair should consolidate within a range today on the forex.
"The EUR/USD hit a peak at 1.1986 on Friday, just below the major resistance level at 1.1995.
Upward pressure seems to have eased with the rapid decline following the peak, and the EUR/USD has most likely entered a consolidation phase.
In other words, a horizontal evolution is expected today, probably in a range within 1.1900/1.1985."
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