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EUR/USD Price Forecast: Double bottom takes shape as buyers regain control

EUR/USD attracts fresh buyers on Wednesday as the US midterm election results rattle the US Dollar (USD), helping the Euro (EUR) reclaim 1.1200. The technical picture also improves, suggesting bulls are regaining a foothold after the pair touched 1.1104 last week, its lowest level since May 2025.

EUR/USD Price Forecast: Double bottom takes shape as buyers regain control

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