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EUR/USD remains in a narrow trading range near 1.18, with 1.1850 as a key resistance level and last week's lows near 1.16 as support. The uncertainty around Federal Reserve policy guidance has kept the pair range-bound, limiting directional movement. Traders are closely monitoring these levels for potential breakouts that could signal a shift in momentum. The lack of clear central bank signals continues to weigh on market confidence, creating a neutral outlook for the pair.