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EUR/USD: the euro could decline on the forex (Commerzbank)

Commerzbank notes that the EUR/USD could fall back towards 1.2257/18.
"The EUR/USD is moving away from its short-term trend line that is resisting near 1.2438 but remains locked in its range.
We could see a dip towards the 2017-2018 uptrend line towards 1.2257 and the recent April low at 1.2218."
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