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December 11, 2024

EUR/USD Likely in Range Trading, Eyes 1.0500 Retest

Current movements in the Euro (EUR) suggest a potential retest of the 1.0500 level before a more sustained recovery could take place. Market analysts believe these price movements indicate range trading between 1.0465 and 1.0610. This range aligns with UOB Group’s assessment of market conditions.

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