EUR/USD Forecast: Significant Rally Ahead to Retest 1.1495
The Euro (EUR) is gearing up for what could be a powerful movement against the US Dollar (USD). Recent trends indicate a potential retest of the important 1.1495 level. However, the slowing momentum points to difficulty in breaking above 1.1530 in the near term. Analysts from UOB Group, Quek Ser Leang and Peter Chia, remain optimistic about the longer-term outlook for EUR. The upcoming weeks will reveal whether the Euro can sustainably surpass the 1.1530 resistance. Investors should keep a close eye on these key levels as they navigate market volatility.