Euro: Consolidation with upside trigger at 1.1565 against...

Euro: Consolidation with upside trigger at 1.1565 against US Dollar – UOB

Published Aug 04, 2026 2:27 AM Last refreshed Aug 04, 2026 3:00 AM Source: EODHD Event Time: Aug 04, 2026 2:27 AM

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Euro: Consolidation with upside trigger at 1.1565 against US Dollar – UOB

Source: EODHD - https://www.fxstreet.com/news/euro-consolidation-with-upside-trigger-at-11565-against-us-dollar-uob-202608040627
Published: Aug 04, 2026 2:27 AM

United Overseas Bank’s (UOB) Quek Ser Leang highlights EUR/USD’s recent sharp rise and subsequent consolidation after a failed attempt to sustain gains above 1.1558. Intraday, the Euro is expected to trade between 1.1485 and 1.1540, while a close above 1.1565 could open the way toward 1.1600.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.