Analysts see EUR/USD trading in a 1.1360–1.1450 range for the next 1-3 weeks with near-term downside risks.
EUR/USD retreated after testing 1.1460, showing increased downward momentum, though support at 1.1360 remains unlikely to be breached in the near term. The pair’s recent decline follows a period of consolidation above key levels.
Analysts expect the currency pair to stay within a 1.1360–1.1450 range over the next one to three weeks. Previous resistance at 1.1460 has now turned into a near-term ceiling, while 1.1360 holds as a critical support zone.
No immediate market reaction was specified, but the shift in momentum suggests cautious trading ahead.