EURUSD

While the Dollar Index continues its recovery trend, optimism regarding interest rate cuts by the Federal Reserve and uncertainties in U.S. government policies are causing selling pressure in upward price movements. The EURUSD pair is experiencing sideways pricing due to the weakness in the region's economic activity data, despite the European Central Bank's efforts to temper expectations of interest rate cuts.

support 1.16297, 1.16036, 1.15815 resistance 1.16739, 1.16920, 1.17141