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The EURUSD is higher after the US CPI and approaches the highs from 2023

In this analysis, we explore the recent price action of EURUSD, which has surged higher following the release of better-than-expected CPI data.

The pair is currently testing a key swing area between 1.10669 and 1.1075 as it approaches the highs from 2023 at 1.1091 and 1.1095.

Join us as we analyze the significance of these levels and discuss the potential implications for EURUSD's further upside momentum.
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