EUR/USD maintains cautiously bullish outlook, showing strength and appreciation as US yields stay elevated. US inflation and jobs data likely to support Euro strength this week, though key risk remains Fed rate cut that markets are pricing in. Euro marching toward marked resistance level.
Key Levels: Support at 1.16412 | Resistance at 1.16804
Investor Takeaway: Elevated yields supporting Euro near-term but rate cut represents key reversal risk; approaching resistance suggests potential breakout or rejection moment.
