Trading Insights

EUR/USD

Euro Slides Back After Brief Breakout


The euro slipped after breaking past resistance Friday, with price action now trending lower. RSI at 61 shows waning strength, and MACD points to renewed selling pressure. Traders remain cautious as dollar dynamics adjust to the Fed’s policy pivot.
Key Levels: Support at 1.1580 / 1.1514 | Resistance at 1.1733