EU leaders have finalized a significant €90 billion loan package for Ukraine, which has been perceived positively by the markets. This development is expected to support the Euro (EUR), with the EUR/USD currency pair approaching a crucial support level around 1.1680. Analysts from ING, led by Chris Turner, suggest that range trading is likely to continue as traders digest the implications of this agreement.
As the loan package aims to bolster Ukraine amid ongoing challenges, the Euro's stability against the USD could be reinforced in the short term. The current exchange rate dynamics reflect cautious optimism, but traders are advised to monitor potential volatility as broader economic factors come into play. The support level at 1.1680 will be key for further directional movements in the EUR/USD pair.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2025-12-19 10:46
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.