The EUR/USD and EUR/GBP pairs are currently trading in a range, while the EUR/JPY has reached its highest level since August 1992. IG Bank Switzerland is closely monitoring these developments and has identified key levels to watch.
The EUR/USD and EUR/GBP are both stuck in a trading range at the moment, with no clear direction in sight. Meanwhile, the EUR/JPY has surged to its highest level in almost three decades, reflecting the strength of the euro against the Japanese yen.
Traders are advised to keep an eye on specific levels in these currency pairs, as they could indicate potential breakout points or reversals. IG Bank Switzerland is keeping a close watch on these levels and providing guidance to traders looking to navigate these volatile markets.