EUR/USD Price Forecast: The hunt for the 1.0600 barrier – FXStreet
The EUR/USD price forecast is focused on breaking through the 1.0600 barrier. The currency pair is currently trading within a tight range as traders wait for a clear direction. The euro has been struggling against the US dollar in recent sessions, with the 1.0600 level acting as a key resistance. Analysts are closely watching for any potential breakout above this level, which could signal a bullish trend for the euro. However, if the pair fails to break through 1.0600, we may see a continuation of the current bearish trend. Traders are advised to monitor closely for any developments that could impact the EUR/USD exchange rate.