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EUR/USD Price Forecast: Traders above mid-1.1500s as bulls await move beyond 61.8% Fibo.

EUR/USD Price Forecast: Traders above mid-1.1500s as bulls await move beyond 61.8% Fibo.

AI Briefing

  • EUR/USD touches one-week high, fails to break above 1.1600, bulls await stronger follow-through.
  • Mixed fundamental backdrop warrants caution before making any further price moves.
  • Traders focus on 61.8% Fibo resistance level at 1.1584 as potential next target.
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