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fxJun 29, 2026, 5:10 AM

Euro Moves Up, Could Retest 1.1400

The euro has edged higher, with potential to retest 1.1400 against the dollar, while the Dollar Index slipped below 101.50. EURINR remains above 107, and EURJPY has also risen.

EURUSDDXYEURJPY

The euro strengthened slightly in early trading, with the pair now eyeing the 1.1400 resistance level. The Dollar Index dipped below the 101.50 mark, providing support for the common currency.

However, the sustainability of this move remains uncertain—whether the euro can break higher and hold above 1.1400 is still to be seen. Meanwhile, EURINR is holding well above 107 and would need to climb back above 108 to extend gains. EURJPY has also moved higher, reflecting broad euro strength.

Traders are watching for further catalysts to confirm the direction.

Source: FXStreet Forex News