EUR/USD (6E) — Below noise threshold — range-bound assessment

EUR/USD consolidating in 1.1500-1.1600 range ahead of binary US CPI Aug 12 catalyst — bank year-end targets 1.20-1.25 imply upside but near-term range-bound (1.13-1.21) remains the dominant scenario with no breakout catalyst yet active

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EUR/USD (6E) — Below noise threshold — range-bound assessment