EUR/USD remains range-bound near 1.1250 as weak ZEW survey data offsets intraday gains, highlighting persistent resistance at the 1.1250 level.
EUR/USD ended Tuesday nearly flat near 1.1250 after a weaker-than-forecast ZEW survey limited upside.
The EUR/USD pair closed Tuesday nearly flat at 1.1250 following a disappointing ZEW economic sentiment report. Despite an intraday climb from 1.1200, the currency failed to sustain momentum, marking the fifth time this month that gains were capped at the 1.1250 resistance level.
The EUR/USD pair was primarily influenced by a weaker-than-forecast ZEW economic sentiment survey, which limited the currency's ability to break above the 1.1250 resistance level.