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November 27, 2024

EUR/USD To See Broad Range Trading According to UOB Group

UOB Group analysts predict that the Euro (EUR) will trade within a broad range, estimated between 1.0435 and 1.0535. They note that the likelihood of a break below the 1.0333 level is decreasing. This outlook suggests that traders may experience more stability in the near term, although the potential for volatility remains. Understanding these predicted ranges is crucial for making informed trading decisions. Market participants should stay engaged with economic updates that can influence the Euroโ€™s movement.

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