EUR/USD Outlook: Key Support and Resistance Levels to Watch
The EUR/USD currency pair is hovering near a support zone around 1.1630 to 1.1660. This area could keep the upward momentum alive toward the 1.1750 to 1.1770 resistance levels. A breakdown below 1.1630 may prompt additional declines toward 1.1590 and 1.1495 support zones. Traders should carefully analyze market movements as they position themselves for potential opportunities. Understanding the overall market sentiment and economic indicators will play a crucial role in determining the future trajectory of EUR/USD.