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Reason for the peaks and troughs

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Reference no: EM132933031

Please review the following chart.https://finance.yahoo.com/q/bc?s=EURUSD=X&t=2y&l=on&z=l&q=l&c=

Answer the following:

What do you believe is the reason for the peaks and troughs? Where do you see the Euro headed in the next year? Provide a rationale for your prediction.

Reference no: EM132933031

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