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EUR/USD: the euro seems to want to consolidate near recent lows (UOB)

The EUR/USD is resuming its consolidation according to UOB.
"The solid support raised to 1.2235 on Wednesday remained untouched and the EUR/USD bounced back from a low at 1.2255 before consolidating.
Recent downside pressures are easing, and any decline is now considered part of the consolidation range at 1.2255/1.2315."
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