Intraday, they expect consolidation between 1.1530 and 1.1560, but a break above 1.1560 could trigger a quick move to 1.1580. Over the next 1–3 weeks, further gains require a close above 1.1580 to open 1.1600 and beyond. The price action provides no fresh clues, and we continue to expect EUR to trade between 1.1530 and 1.1560. That said, should EUR break above 1.1560, it could trigger a quick rise toward 1.1580." "1-3 WEEKS VIEW: We continue to hold the same view as yesterday (11 Aug, spot at 1.1545).