EUR/USD forecast by Lloyds Bank.

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According to Lloyds Bank analysts, the EUR/USD will grind back to the 1.11-1.1055 levels, if the markets stabilise, but while that region holds the bias, it will likely move towards a stronger resistance at 1.1270, 1.1350, 1.1465. They estimate a contracting range between 1.0450 and 1.17 to continue through Q1 and possibly Q2.

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