Trading Insights

EUR/USD

Euro Trades Sideways as Yield Compression Limits Directional Conviction

EUR/USD continues to consolidate after recent USD yield declines provided limited upside follow-through. While the euro benefitted from falling US yields, momentum remains muted, with markets lacking a clear catalyst for trend continuation.

Key Levels: Support at 1.15086 | Resistance at 1.18328

Investor Takeaway: RSI hovers near 50 and is trending lower, while MACD remains flat. Directional conviction remains weak, favoring range-bound strategies.

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