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fxJun 12, 2026, 11:54 AM

EUR/USD Trades Flat Near 1.1575 as 1.1600 Resistance Holds

The Euro gave back earlier gains against the US Dollar and is trading practically unchanged at 1.1575, with bulls unable to breach the 1.1600 level.

EURUSD

EUR/USD is nearly unchanged on the session, hovering around 1.1575 after giving up earlier daily gains. The pair failed to sustain momentum above the 1.1600 handle, which now acts as resistance.

The price action suggests a tug-of-war between buyers and sellers, with the pair consolidating near the 1.1550-1.1600 range. A break above 1.1600 could open the door for further upside, while a move below 1.1550 might signal renewed selling pressure.

Source: FXStreet Forex News