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January 7, 2025

EUR/USD to Retest Key Level: Technical Analysis Insights

Analysts at UOB Group suggest the Euro (EUR) is set to retest the critical level of 1.0435. While this level may act as a barrier, there is also the potential for an upside bias, positioning EUR in a higher trading range of 1.0300 to 1.0465.

Technical insights provide trading opportunities. Traders should be vigilant in observing price actions as it approaches these key levels. Understanding market trends alongside these technical dynamics will assist traders in making informed decisions in the EUR/USD market.

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