Trading Insights

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EUR/USD

Euro Consolidates as Markets Price In Fed Rate Cut


EUR/USD trades in a cautious consolidation phase as markets front-run Fed easing expectations. Despite falling U.S. yields, the dollar remains supported by near-term positioning ahead of CPI data.


Key Levels: Support at 1.15523 | Resistance at 1.17524
Investor Takeaway: RSI at 41 converging with MA line and flat MACD selling pressures; traders remain on the sidelines awaiting inflation confirmation before repositioning.