EUR/USD Advanced Outlook: Limited Gains Expected at 1.1730
The Euro (EUR) may see further rebound potential, but gains might be capped at the 1.1730 mark. Current market dynamics present a mixed outlook. It is likely that EUR will trade within a range boundary of 1.1630/1.1755. Analysts from UOB Group, Quek Ser Leang and Peter Chia, emphasize the importance of watching these levels closely. Understanding the range trading conditions can significantly aid investors as they strategize for the evolving market. Being equipped with this knowledge will empower traders in executing timely decisions.