EUR/USD Facing Challenges to Reach 1.0945 in the Short Term
The Euro (EUR) is expected to trade sideways between 1.0800 and 1.0880 against the US Dollar (USD). Analysts caution that for the Euro to approach the 1.0945 target, upward push is necessary soon. If the Euro fails to gain momentum, the likelihood of surmounting this level diminishes quickly. Observing economic shifts and global market trends will be essential during this trading phase. Traders should remain vigilant about key support and resistance levels that may guide their strategies effectively.