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2025-12-12 17:44:53
【EUR/USD 2-Hour Price Analysis】 The current EUR/USD price action shows a downward trend, having retreated from the recent high of 1.17624, and fluctuating within a narrow range of 1.17266-1.17458 during the day. Resistance levels are around 1.1745-1.1750 (based on the intraday high and the 12/12 high), while support levels are around 1.1725-1.1730 (based on the intraday low and the recent low). Using simple trend analysis, the closing price sequence shows a slight downward bias (e.g., from 1.17564 to 1.17304). It is expected to maintain a range-bound movement or test support levels in the short term. A break below this level could lead to a test of 1.170, while a rebound could target 1.175.
