According to UOB Group, the Euro EUR is predicted to trade in a volatile range between 1.0905 and 1.0970 against the US Dollar USD. Analysts Quek Ser Leang and Peter Chia highlight that for a bullish trend to materialize, EUR must successfully break and close above 1.0950.

This breakout is pivotal for traders, as it could signal the continuation of the rally for the Euro. Traders should remain alert to price movements within this critical range.