EUR/USD in Focus – Short-Term Forex Analysis
UR/USD** pair is currently hovering just above 1.17. Traders are watching the 1.165–1.175 range as today’s intraday band.
- Resistance: 1.175 – 1.178
- Support: 1.165 – 1.160
A breakout above 1.175 could trigger fresh upside momentum, while a drop below 1.165 would expose the downside.
In the short term, EUR/USD remains driven by dollar strength, inflation data, and expectations ahead of the next ECB meeting.
Keywords (English): EUR/USD, forex analysis, currency trading, euro dollar exchange rate, FX market