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In light of preliminary figures for EUR futures markets from CME Group, investors added around 6.1K contracts to their open interest positions on Thursday vs. Wednesday’s final 482,596 contracts.

EUR/USD scope for a test of 1.1650 and above

EUR/USD is up for the second straight session on Friday propped up by increasing open interest and a significant build in volume, allowing for the continuation of the current recovery. The immediate target is the 1.1665/73 band, where sit the 10- and 21-day sma.