$EUR EUR/USD is trading around 1.18 today, with a slightly bearish tone. The pair is testing support at 1.1779 and resistance at 1.1828. ECB President Christine Lagarde's comments on inflation have given the euro a slight boost, but weak Eurozone sentiment data is weighing it down.
Buy Eurusd for short entry 🚫
*Key Levels:*
- *Support:* 1.1779, 1.1765
- *Resistance:* 1.1815, 1.1828
The market is watching for US data, including Initial Jobless Claims, to gauge the Fed's next move. If the pair breaks below 1.1750, it could head towards 1.1580. But if it holds above 1.1750, we might see a return to 1.2000-1.2080.
EUR
1.1771
-0.14%