Trading Insights

💶 EUR/USD

Euro Breaks Higher on USD Weakness, but Macro Setup Still Favors Dollar

EUR/USD remains cautiously bullish in the near term as rising US yields weakened the dollar enough for the Euro to break above R1. However, the broader setup still favors USD strength with QT ending, QE restarting, and liquidity injections expected to accelerate.

Chart shows Euro strength relative to the USD


Key Levels: Support 1.15547 │ Resistance 1.16928
Investor Takeaway: RSI ~44 below MA but turning up; MACD shows fading selling pressure. Short-term Euro strength likely reverses once USD policy tailwinds resume.