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November 20, 2024

EUR/USD Stabilizes as Euro Weakness Eases, Analysts Say

The Euro has stabilized following a brief decline that did not enhance momentum. Market analysts from UOB Group predict that EUR/USD will trade between 1.0550 and 1.0620. The long-term outlook indicates that weakness in the Euro has stabilized, with expectations to consolidate between 1.0520 and 1.0685. Traders should assess the market for potential entry points within this range.

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