Trading Insights

EUR/USD trades cautiously bearish as investors position for potential Fed action this week. Despite lower yields, improving U.S. economic confidence supports the dollar near-term. The euro’s recent rally faces resistance as traders await confirmation from the FOMC.

Key Levels: Support at 1.1552 | Resistance at 1.1752
Investor Takeaway: RSI around 55 with upward convergence and flat MACD selling pressures; consolidation likely before the Fed decision.