Can Euro Rally Continue? EUR/USD Holds Key Support
The Euro remains in a strong position, maintaining levels above 1.1350 against the US Dollar. In the latest trading session, EUR/USD climbed past the 1.1420 mark before testing the 1.1500 level. Recently, the pair has entered a short-term corrective phase as it reassesses its position. Traders remain optimistic, eyeing for potential bullish momentum to resume. The Euro’s stability can also reflect broader market trends and investor sentiment as economic data evolves. Watch for potential resistance levels ahead.