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fxAug 5, 2026, 6:17 AM

Euro edges higher against US Dollar, capped at 1.1565 – UOB

EUR/USD firmed to 1.1529 with short-term momentum turning slightly higher, but UOB sees upside capped at 1.1565, with 1.1545 as near resistance.

EURUSD

EUR/USD firmed to 1.1529, and according to UOB analysts Quek Ser Leang and Lee Sue Ann, short-term momentum has turned modestly higher.

They see scope for the euro to edge up, but doubt an intraday break above 1.1565. Nearer resistance is seen at 1.1545.

Immediate support levels are at 1.1515 and 1.1500.

Source: FXStreet Forex News