EUR/USD: Market Anticipates Further Range Trading
The Euro (EUR) is likely to face continued range trading, influenced by a softened underlying tone suggesting a minor price range of 1.0850 to 1.0920. The recent technical targets surpassed indicate that while further gains are possible, the potential for additional upside remains limited. Analysts at UOB Group predict traders should prepare for fluctuations within this range as market dynamics evolve.