EUR/USD Price Analysis: Slight end-of-week rebound fails to break key resistance

After suffering a sharp drop of more than 1% on Wednesday, the EUR/USD managed a minor rebound by the end of the week, adding 0.28% to trade near 1.0395 on Friday.
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US Dollar eases amid profit-taking and year-end positioning

The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, took a hit after soft Personal Consumption Expenditures (PCE) data was released during the European session.
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