EUR/USD turns cautiously bullish after a sharp decline, driven by capital flows into USD amid heightened geopolitical risk and heavy US data releases this week. The euro’s appreciation coincided with rising US yields, showing a reversal of USD demand. While technical momentum shows short-term stabilization, the broader macro setup continues to favor the dollar.
Key Levels: Support at 1.1509 | Resistance at 1.1833
Investor Takeaway: RSI near 63 with emerging MACD buying pressure suggests short-term stabilization, but macro flows and USD strength limit sustained euro upside.
