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December 16, 2024

EURUSD Faces Challenges Ahead as Bulls Stumble

In the latest 4-hour analysis, EURUSD trades below a crucial bullish trend line, with support positioned at 1.0535. The price dipped below 1.0480, finding lows as low as 1.0453. This movement indicates significant struggles for bullish momentum as market sentiment shifts. Traders must assess upcoming market data and technical indicators closely to determine the next viable strategies for trading this pair.

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