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December 23, 2024

EUR/USD Faces Challenges: Bulls Struggling with Resistance Levels

The Euro dipped to 1.0343 before initiating a recovery against the US Dollar. This currency pair climbed past crucial resistance levels at 1.0380 and 1.0400, yet bulls face significant challenges ahead. Economic data and market sentiment will play pivotal roles in the coming week, influencing whether the bullish momentum can sustain. Traders are closely monitoring movement patterns and potential triggers for shifts as they strategize their next moves in this dynamic market environment.

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