EUR/USD Stays Sideways as 1.1480 Caps Bulls
EUR/USD continues its sideways movement, trading at 1.1430 after failing to break above 1.1480, as geopolitical tensions and higher oil prices limit euro gains.
EURUSD
The euro edged lower against the US dollar for a second straight day on Friday, with EUR/USD trading at 1.1430. The pair remains capped by the 1.1480 resistance level reached earlier this week, extending the recent sideways trend.
Geopolitical risks and elevated oil prices continue to weigh on the euro, preventing a sustained rally. The lack of clear directional momentum keeps the pair range-bound as traders await fresh catalysts.
Source: FXStreet Forex News