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What is going on in EURUSD? Is this a decline to 1.10?

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Is this the beginning of the downtrend or just a correction? As per market experts, EUR has no reasons for being expensive, especially against USD. Therefore the current decline corresponds to the economic scenario. Fixation below 1.1. will give a chance for EURUSD to decrease to 1.10.

EURUSD price chart
EURUSD price chart
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Euro97.1398Dollar90.9298

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