According to Credit Suisse, the EURUSD exchange rate is currently at 1.09556. There is a support level at 1.0887 which could help the pair maintain a small upward trend. However, there is resistance at 1.0991/98 which may limit further upside movement.
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Above support from the 55-Day Moving Average at 1.0887, EUR/USD can maintain a slight upside bias in the broader sideways range, analysts at Credit Suisse report.
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