EUR/USD remains capped below its 2025 peak of 1.1572 (April 21), with the 1.1600 level and the October 2021 high at 1.1692 acting as key resistance zones.
EUR/USD took a hard step lower on Monday, kicking off the new trading week with a fresh dip below 1.1000 before a late recovery pushed the pair back toward 1.1100. The Fiber still closed 1.4% lower on the day, and investors are bracing for a fresh batch of US Consumer Price Index inflation data due on Tuesday.
EUR/USD took a hard step lower on Monday, kicking off the new trading week with a fresh dip below 1.1000 before a late recovery pushed the pair back toward 1.1100. The Fiber still closed 1.4% lower on the day, and investors are bracing for a fresh batch of US Consumer Price Index inflation data due on Tuesday.
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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.