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EUR/USD: Bearish risks could continue to weaken in the short term (OCBC)

OCBC believes that the EUR/USD will likely curb its decline on the forex in the short term.
"Italy's good political news this weekend could encourage the short-term EUR/USD rebound, weakening downside risks in the short term.
We expect a range between 1.1820 and the 200-day moving average (1.2021)."
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