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November 12, 2024

EUR/USD: Next level to watch is 1.0600 – UOB Group

EUR could decline further; the major support at 1.0600 could be just out of reach for now. In the longer run, the next level to watch is 1.0600; if EUR breaks below 1.0600, the focus will shift to 1.0555, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.

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