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EUR/USD: the euro should not revisit its lows in the very short term (UOB)

UOB believes that the EUR/USD should not decline again today.
"The EUR/USD fell to a low at 1.1525 before bouncing back. While 1.1525 is probably a short-term trough, we do not anticipate a strong recovery at this point.
The EUR/USD is more likely to consolidate and move laterally or slightly upwards."
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