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EUR/USD

Euro Slips as Powell’s Balanced Stance Supports Dollar


The euro retreated as Powell’s remarks helped steady U.S. bonds. While yields declined, his emphasis on caution and data dependence reinforced the Fed’s hawkish undertones, limiting euro gains.
Key Levels: Support at 1.175 | Resistance at 1.182
Investor Takeaway: RSI at 46 below MA with MACD selling pressures suggests limited upside for now.