EURUSD Trading in a Range Signals Recovery Phase
The Euro is anticipated to trade in a defined range, likely between 1.0345 and 1.0440. According to analysts at UOB Group, this trading behavior indicates that current price activity is part of a recovery phase, which might extend towards 1.0480 in the longer term. Such developments are crucial for traders to note, as they shape market strategies and can provide vital signals for future movements.
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