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May 8, 2025

EUR/USD Steady Above 1.1300 Despite Mixed Signals

The EUR/USD pair continues to attract dip-buyers as it steadies around the 1.1300 mark during the Asian trading session. The currency pair has begun to reverse some losses from recent dips around the 1.1375-1.1380 resistance zone. However, spot prices remain constrained within a familiar range observed over the past week, reflecting mixed signals affecting trader confidence. Investors should monitor the currency’s movements closely, as shifts in this range may dictate future trading strategies and market positioning.

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