Euro / U.S. Dollar
Short
Updated

Maintain short-term downtrend - retest 1.1120 zone

180
🔔🔔🔔EUR/USD news:

➡️ European Central Bank (ECB) officials have signaled the possibility of further interest rate cuts as inflationary pressures continue to ease.

➡️ The EUR/USD pair is currently experiencing some pullback, slipping below the 1.1200 level following a modest rebound in the U.S. Dollar.

➡️ Mixed U.S. Economic data revealed that producer prices in April fell short of expectations, extending the recent trend of weakening inflation.

➡️ However, the Federal Reserve appears more concerned with rising consumer inflation expectations than with providing short-term relief to the economy through abrupt rate cuts—especially in light of new tariff policies announced by U.S. President Donald Trump.

Personal opinion:
➡️ Although the economic data is not really good, the policies of the two central banks are different and this seems to be more beneficial for USDD. The pair will continue to decline in the coming time, the trend line has been broken and will wait for the support zone 1.1120

➡️ Analysis based on important resistance - support levels and Fibonacci combined with trend lines and EMA to come up with a suitable strategy

Personal Plan:
🔆Price Zone Setup:

👉Sell EUR/USD 1.1180- 1.1195
❌SL: 1.1230 | ✅TP: 1.1130

FM wishes you a successful trading day 💰💰💰
Trade active
Personal plan :
hit + 65 pips from sell 1.1195
Great
success plan

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