EUR has been in consolidation vs many major currencies as of late. Sentiment is to the downside for EUR, however any negative news will likely lead to relatively smaller dips as most of the bad news seems to have been taken into consideration. Should support hold, we could see a strong move back to the upside.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.