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April 22, 2025

EURUSD Breaks 1.1550, Hits Four Year Highs

EURUSD extends its gains for the third straight session, currently trading near 1.1530 during the Asian hours on Tuesday. A careful examination of the daily chart underscores a strengthening buying pressure, showing that the pair is venturing upward within an ascending channel pattern. This upward momentum reflects positive market sentiment towards the Euro, as traders anticipate further gains amidst stable economic conditions in the Eurozone.

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