According to Credit Suisse, the EURUSD currency pair is currently at 1.12388 with a resistance level at 1.1275. Initially, this resistance level is expected to prevent further gains. However, if the resistance is overcome, there is potential for the pair to strengthen towards the levels of 1.1703/48.

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EURUSD Chart by TradingView

EUR/USD strength is showing signs of stalling near-term. However, economists at Credit Suisse expect the pair to enjoy further gains.

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