Technical Outlook
The euro traded sideways following Friday’s session, stabilizing after prior gains driven by falling US yields. RSI is near 43, remains below its moving average, and continues to trend lower. MACD shows flat but positive momentum.
Key Levels:
Support: 1.15086 | Resistance: 1.18328
Investor Takeaway:
Absent further downside in US yields, EUR/USD lacks a catalyst for sustained upside and remains vulnerable to renewed dollar strength.
