Euro Maintains Upside Bias vs USD, Break Above 1.1615 Required for Further Gains

The euro's upside bias against the US dollar is maintained by UOB Group's foreign exchange strategists, but confirmation of further gains requires a clear break above the 1.1615 level.

This resistance level has historically acted as a pivot point and represents a significant technical barrier for the EUR/USD pair.

A sustained break above 1.1615 could open the door for higher targets, while failure to do so might lead to range-bound trading or a corrective pullback.