EUR/USD faces pressure from a stronger US Dollar, hovering near 1.0941, down 0.02%. Daily indicators suggest a potential downtrend continuation if it breaks below 1.0920. On the 4-hour chart, recovery is uneven from oversold levels, with potential further decline under 1.0920. Economic data and FOMC minutes await, as market sentiment remains cautious amid economic slowdown signals and risk aversion.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.