EUR/USD is hovering near resistance, supported by emerging buying pressure on MACD and a bullish RSI trend. A hotter PPI and falling U.S. yields have kept the Euro from breaking out decisively. Retail sales data could shift expectations for a pre-emptive Fed cut, influencing dollar flows.
Key Levels: Support at 1.1580 | Resistance at 1.1734
Investor Takeaway: Short-term upside is possible, but sustained gains require weaker U.S. data or a firm dovish shift from the Fed.