The EUR/USD currency pair is expected to trade within a range of 1.1495 to 1.1545 in the near term, according to analysts at UOB Group. This consolidation may reflect market uncertainty amid varying economic indicators impacting both the Euro and the USD. Traders are advised to monitor this range closely for potential breakout points.
In a longer-term outlook, the probability of the Euro breaking below the critical support level of 1.1470 has risen. A decisive close beneath this threshold could signal further declines for the EUR, prompting traders to reassess their positions. The evolving dynamics between the Eurozone and U.S. economic conditions will continue to influence the exchange rate movements in this major currency pair.
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Data Source: FX Killer Analysis Team Updated: 2025-11-25 11:40
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.