EUR/USD Expected to Trade Sideways Amid Upcoming Economic Data
The Euro is projected to trade within a narrow range between 1.0780 and 1.0840 against the U.S. Dollar. Recent analysis indicates that current price movements represent a consolidation phase, with expectations set for the EUR to oscillate between 1.0730 and 1.0845. Traders should be prepared for potential volatility as upcoming economic data, particularly from the Eurozone, may significantly affect market sentiment and trading patterns in this currency pair.