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EUR/USD Price Forecast Update – December 13, 2024

The EUR/USD pair remains below the $1.0475 level, showing weak price action since the morning. This confirms the continuation of the bearish trend for today, as long as the price remains below the key resistance level. The initial target is $1.0400, with a further decline to $1.0332 if the pair breaks below the $1.0400 support.

Expected Trading Range:

  • Support: $1.0370
  • Resistance: $1.0510

Trend Forecast: Bearish

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