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May 20, 2025

Euro Faces Resistance as Analysts Eye 1.1290 Level

The Euro might retest the 1.1290 mark against the US Dollar before experiencing a pullback. UOB Group analysts note that while momentum is building, it may not suffice for a sustained advance. A decisive break above 1.1290 is crucial for any continued upward movement. Thus, traders need to keep an eye on Euro’s trading posture in the days to come.

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