Trading Insights

EUR/USD

Euro on the Back Foot Ahead of U.S. Growth Data


The euro trades cautiously bearish as traders brace for U.S. GDP. While consensus sits at 3.1%, GDPNow shows just 2.2%, raising downside risks. RSI at 52 is trending lower, and MACD indicates fresh selling pressure.
Key Levels: Support at 1.1514 | Resistance at 1.1733