EUR/USD May Pull Back to 1.0725, Experts Say
The Euro is likely to trade within the range of 1.0765 to 1.0820. In the long run, it appears that the Euro may pull back further, with analysts noting a lack of momentum to push below 1.0725 convincingly. Specialist insights from UOB Group’s analysts Quek Ser Leang and Peter Chia suggest monitoring key support levels as they could influence trading strategies going forward. This analysis is essential for anyone engaged in EUR/USD trades.