The Euro seems to be building momentum as it trades within a range of 1.1360 to 1.1420 against the US Dollar. Analysts from UOB Group have noted that while the upward momentum is slowing, a decisive break above the 1.1435 level could propel EUR towards 1.1475, opening the door for further gains. Traders need to be alert for potential shifts in this range-bound market as the economic landscape evolves and influences currency movement.