Analysts see limited upside for the Euro near 1.1565, with short-term momentum improving but resistance holding firm.
EUR/USD climbed to 1.1529 as short-term momentum turned slightly positive, according to recent analysis. The pair may edge higher but faces resistance at 1.1545, with a stronger cap at 1.1565 limiting intraday gains.
Support levels are seen at 1.1515 and 1.1500, suggesting a narrow trading range. The move follows recent consolidation, with no clear breakout signal yet.
Market focus remains on near-term resistance, as traders assess whether the pair can sustain upward momentum or revert to prior ranges.