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During Friday’s morning hours, the currency exchange rate was located at the 109.85 mark.

In regards to the near-term future, most likely, the rate will keep surging upwards to the 110.00 level. Besides, the 55-hour simple moving average will support the rate during the day.

Moreover, the Dukascopy Analyst team predicts, that the rate might surge to the 111.00 level next week!

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