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November 21, 2024

EUR USD Face New Challenges Below 1.0490 as Downtrend Resumes

Analysts predict a challenging road for the Euro against the US dollar. Currently, the Euro trades between 1.0505 and 1.0575. However, should it break and hold below the critical level of 1.0490, analysts expect the current downtrend in the Euro to regain momentum. Traders need to monitor these price levels closely, as they will significantly impact future market strategies in trading the Euro.

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