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TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
BTC DOMINANCE 0.0%
ETH DOMINANCE 0.0%
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
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TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
BTC DOMINANCE 0.0%
ETH DOMINANCE 0.0%
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B

EUR/USD Price Assessment: Immediate resistance found at nine-day EMA above 1.0400

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The EUR/USD pair has struggled to maintain momentum above the 1.0400 mark, encountering resistance near the nine-day exponential moving average (EMA). After a brief recovery attempt, the currency pair’s upward movement remains capped, reflecting broader market hesitancy amid economic uncertainty.

EUR/USD Daily Chart as of January 1, 2025
Source – FXStreet

Persistent concerns over Eurozone economic growth and a resilient US dollar have added to the pair’s challenges. Analysts suggest that breaking the 1.0400 resistance could signal renewed bullish sentiment, but sustained gains may require supportive economic data or a shift in market sentiment. The outlook remains cautious as traders await upcoming macroeconomic indicators for further direction.

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