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August 18, 2025

EUR/USD Set to Break Through 1.1700 as It Tests Channel’s Lower Boundary

The EUR/USD pair is experiencing a minor downturn after gaining approximately 0.5% in the previous session. It is currently trading around 1.1710 during the Asian hours on Monday. Technical analysis on the daily chart reveals a bullish bias strengthening as the pair continues to operate within an ascending channel pattern.

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