EUR/USD Expected to Trade Between 1.1270 and 1.1435
Currently, the European currency is expected to trade within a range of 1.1270 to 1.1435 against the US Dollar. Analysts from UOB Group, Quek Ser Leang and Peter Chia, suggest that the increase in momentum might not be sufficient to signal a sustained advance at this point. These key levels provide an essential framework for traders monitoring EUR/USD. Staying informed about economic data releases and potential market shifts is crucial for effective trading strategies. Traders should utilize this range to plan their positions accordingly based on forthcoming updates.