Euro Bullish Bias Capped by Resistance – UOB
UOB strategists note EUR/USD has eased after Wednesday's surge and is now consolidating between 1.1420 and a resistance level, maintaining a bullish bias but capped.
EURUSD
United Overseas Bank (UOB) strategists Quek Ser Leang and Christopher Wong report that EUR/USD retains a bullish bias but faces resistance against the US Dollar. The pair has eased from Wednesday's surge and is currently in a consolidation phase, trading between 1.1420 and an upper resistance level. No breakout or specific target is indicated in the brief note.
Source: FXStreet Forex News