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January 22, 2025

EURUSD Aims Higher as USDJPY Retraces Recent Gains

The latest analysis shows that EURUSD has initiated a fresh upward trajectory after bouncing back from the important 1.0265 support level. The Euro has crossed above the 1.0310 resistance area against the US Dollar. This increase adds to the optimism amongst traders, suggesting an opportunity to capitalize on potential further moves. Market dynamics indicate that understanding these patterns can lead to more successful trading decisions.

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EURUSD Trading in a Range Signals Recovery Phase

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