According to Scotiabank, there is a greater likelihood of the EUR/USD currency pair increasing further. It is currently trading at 1.07952.

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EURUSD Chart by TradingView

EUR/USD tests technical resistance at 1.0810. Economists at Scotiabank analyze the pair’s technical outlook.

See: EUR/USD can consolidate above 1.08 and start rising towards 1.10 on doubts that Fed will hike in July – SocGen

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