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August 14, 2025

EUR/USD Hits Target at 1.1720: What Lies Ahead?

The Euro has successfully reached the target level of 1.1720 today amid fluctuating market conditions. The intraday chart shows that the market encounters resistance in the range of 1.1790 to 1.1810. Meanwhile, support levels persist at 1.1595 to 1.1610, indicating the formation of a potential trading zone for investors. Traders should closely monitor these levels for breakout opportunities as economic indicators continue to shape market sentiment for the EUR/USD pair.

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