EUR/USD Approaches Major Resistance at 1.1400
The Euro (EUR) is gearing up to test a significant resistance level around 1.1400. Analysts at UOB Group, Quek Ser Leang and Peter Chia, highlight that while a sustained rise above this threshold appears unlikely, the long-term potential for the EUR to break through this resistance level is growing stronger. Should the Euro manage to push past 1.1400, the next hurdle to watch will be at 1.1435. Traders should keep a close eye on market movements leading up to this critical point.