The EUR/USD currency pair has made a strong upward movement above the 1.1183 level, indicating that the levels of 1.16 and 1.17 may become relevant in the coming months according to Scotiabank.

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EURUSD Chart by TradingView

EUR/USD makes quick progress through the upper 1.11s. Shaun Osborne, Chief FX Strategist at Scotiabank, analyzes the pair’s outlook.

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