Current market movements for the EUR/USD pair suggest a range-trading phase, likely fluctuating between 1.0740 and 1.0840. Despite this recent stability, the long-term uptrend for the euro remains intact.

Analysts from UOB Group, including Quek Ser Leang and Peter Chia, express some uncertainty about whether the euro will approach the 1.0945 level against the US Dollar (USD). Investors need to remain alert to any market shifts that could redefine this trend in the near future.