Experts of finance corporation Barclays Capital believe that the currency pair EUR/USD has reached a tipping point at most. Analysts are closely watching how the situation in the euro zone affects the state. They are more inclined to believe that the slowdown may extend longer. "The pace of the EUR/USD decline during last few months caused reflection on how low the pair may slip. Events in the euro area only confirmed our expectations of a sharper and a longer-lasting drop of the euro. One of the main reasons for this was the belief that markets are approaching a turning point, and taking into account the fact that the ECB imposed negative interest rates, likely massive hedging EUR,” Mervyn Bart, the analyst from Barclays Capital, said. Expert believes that this trend will continue in the near future, and the risks that the euro will decline still remain. "While we adhere to the forecast that EUR expects a sharp decline in the coming year, a difficult economic environment in the euro zone and clear market signals of discomfort against the background of the economic prospects of the region, suggest that the risks are further shifted toward lowering the EUR exchange rate,” Mervyn Bart said. Three of the most probable scenarios for the euro were announced in Barclays Capital. "These three scenarios for the euro include more serious fall, at least in the next 6-12 months, and less likely of them - the recovery of the euro, which will break the balance and lead to a further depreciation of the currency in the long term," Mervyn Bart said.