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EUR/USD: Unlikely to threaten the major support at 1.1680 – UOB Group

Euro (EUR) could edge lower, but any decline is unlikely to threaten the major support at 1.1680. In the longer run, the bias for EUR is tilted to the downside toward 1.1680, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

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