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EUR/USD Price Forecast: Flatlines below 1.1550, while staying bearish under 100-day SMA

The EUR/USD pair holds steady near 1.1520 during the early European trading hours on Thursday. US inflation cooled on a year-over-year basis for a second straight month, easing pressure on the US Federal Reserve (Fed) to raise interest rates as soon as next month.

EUR/USD Price Forecast: Flatlines below 1.1550, while staying bearish under 100-day SMA

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