Euro Faces Resistance as Analysts Eye 1.1290 Level
The Euro might retest the 1.1290 mark against the US Dollar before experiencing a pullback. UOB Group analysts note that while momentum is building, it may not suffice for a sustained advance. A decisive break above 1.1290 is crucial for any continued upward movement. Thus, traders need to keep an eye on Euro’s trading posture in the days to come.