EURUSD Eyes Potential Breakout: Will 1.0610 Hold?
The Euro (EUR) seems poised for further sideways trading, likely oscillating between 1.0525 and 1.0585 in the short run. In the long term, analysts believe the Euro must break and hold above 1.0610 for the potential advance toward 1.0650. UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann emphasize the importance of these levels. Will the Euro make its move? Keep your trading strategies flexible.