The Euro has gained momentum, moving above 1.1650 against the US dollar. This upward trajectory exceeds the 1.1720 resistance zone and tests the 1.1830 level. As the EUR USD pair solidifies its position, traders should watch for potential consolidation phases that may precede a new move. Understanding these phases will empower market participants to make timely trading decisions.

Ongoing global economic considerations will contribute to EUR USD volatility. Traders must monitor developments to discern upcoming trends and potential opportunities. Staying informed will be key to capitalizing on favorable trades as the currency pair navigates its path forward.