Trading Insights

EUR/USD

Euro Supported by Weak U.S. Data, Eyes Resistance


The euro is holding firm after last week’s mix of hotter PPI and softer retail sales pressured the dollar. Technicals show emerging buying strength, and traders expect a test of near-term resistance before Jackson Hole clarifies U.S. rate direction.
Key Levels: Support at 1.1580 | Resistance at 1.1733