Mizuho predicts that the EURUSD currency pair, currently at 1.09785, is expected to experience significant upward movement.

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EURUSD Chart by TradingView

After opening July trading at the lower 1.09 mark, EUR/USD rose to the 1.12 range mid-July before dropping back to around 1.10. Economists at Mizuho Bank expect the pair to trade with a heavy topside in August.

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