The Euro rises for a second day amid USD softness but remains confined below the 1.1480 resistance level.
The Euro extended its advance against the US Dollar for a second consecutive session on Wednesday, supported by a weaker greenback. However, the currency pair remains within the trading range observed over the past three weeks, unable to break above the 1.1470-1.1480 resistance zone.
Prior sessions saw EUR/USD oscillate between 1.1350 and 1.1480, with limited momentum in either direction. Market participants continue to monitor broader USD trends and macroeconomic data for directional cues.
No immediate market reaction was reported, as the pair’s movement remains subdued within its established range.