EUR/USD Forex Signal: More Downside Ahead of Flash PMIs

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EUR/USD Forex Signal: More Downside Ahead of Flash PMIs
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Enter your emailThe pair will likely keep falling as bears target the next key support at 1.080.Timeline: 1-2 days.pair remained under pressure as investors assessed the statement by the Federal Reserve and ahead of the upcoming flash manufacturing and services PMI.GET STARTEDThe crisis in Ukraine has been the biggest story in the financial market in the past few weeks. The crisis has led to a significant increase in the cost of doing business.

In the Eurozone, analysts expect that the bloc’s manufacturing PMI declined from 58.2 to 56.0. Similarly, they expect that the services and composite PMIs declined to 54.2 and 53.9, respectively.

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