According to Scotiabank, the EURUSD at 1.10312 might see a rebound to around the low or middle 1.11 range within the next one to two trading sessions.

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EURUSD Chart by TradingView

EUR/USD is consolidating above 1.10. Economists at Scotiabank analyze the pair’s outlook.

See: EUR/USD will not receive any momentum any longer if the ECB follows the Fed – Commerzbank

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