MUFG is looking for EUR/USD to trade to 1.15, cite higher highs, higher lows

<p>MUFG likes a higher euro, arguing that the bullish EUR/USD trend has continued thus far this year, as seen by the string of higher highs (in January and April) and higher lows (in March and May).</p><p>Analysts at the bank say they are continuing to forecast EUR/USD back to what they call "pre-Ukraine levels" in early 2022 when it was trading closer to the 1.1500 level.</p>

This article was written by Eamonn Sheridan at www.forexlive.com.