EUR/USD maintains cautiously bullish outlook, showing strength as US yields stay elevated. Euro touched R1 and retraced yesterday. ECB President Lagarde pointed toward rate hike in coming cycles to control inflation—monetary policy divergence between ECB and Fed likely to lead to USD strength considering its systematic advantages.
Key Levels: Support at 1.15086 | Resistance at 1.16928
Investor Takeaway: R1 rejection signals resistance; ECB-Fed monetary policy divergence (hikes vs cuts) favors medium-term dollar strength despite near-term Euro resilience.
