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EUR/USD Holds Support as September Battle Takes Shape

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EUR
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The EUR/USD has defended key support for the second consecutive week following a pullback from August highs.

This comes as weekly momentum attempts to stabilize in positive territory, reaching its strongest levels since May.

The September opening range is beginning to take shape, with price remaining caught within a broader multi-month consolidation.

The ECB rate decision and U.S. CPI/PPI headlines next week's event risk, as markets reassess the relative policy outlook.

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