EUR/USD Forecast: Sideways Trading Expected Between 1.0800 and 1.0890
Current analysis suggests the euro is likely to trade sideways against the US Dollar within a range of 1.0800 to 1.0890. In the long-term view, the overall uptrend for the euro remains intact. However, uncertainties linger as it remains unclear if the euro can reach higher levels, such as 1.0945. Market participants should exercise caution and prepare for potential fluctuations as trading conditions evolve. Keeping an eye on economic indicators and market sentiment will be key in navigating this currency pair.