![EUR/USD Forecast: Euro stabilizes above 1.0900 as focus shifts to ECB](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/euro-or-dollar-3353142_Medium.jpg)
EUR/USD Forecast: Euro stabilizes above 1.0900 as focus shifts to ECB Premium
EUR/USD extended its weekly rally and touched its highest level since mid-March near 1.0950 on Wednesday. The pair stays in a consolidation phase below this level as investors wait for the European Central Bank (ECB) to announce monetary policy decisions.