EUR/USD rises near 1.0800

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Hello friends!

The hesitant movements of the US Dollar (USD) seem to have created enough momentum for the continued uptrend of EUR/USD at the beginning of the week. However, the pair failed to retest or clear the key hurdle at 1.0800 for a fourth straight day of gains.

The sideways trend is expected to persist and the pair will soon encounter resistance at 1.0800.
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