EUR/USD Price Forecast: Downside pressure might intensify below 1.1300
The euro continues to face a challenging environment in the short term. The currency has struggled to regain ground against a U.S. dollar that remains firmly supported, a dynamic reflected in EUR/USD, which has now recorded three consecutive losing sessions and a decline of roughly 0.6%.
EUR/USD: Measured ECB tightening to support Euro – TD Securities
What is driving the US Dollar to multi-month highs against the Euro as PCE data approaches?
EUR/USD Price Forecast: At make or a break near 1.1330
EUR/USD: Dollar correction faces resistance – Societe Generale
EUR/USD: Range view holds as Dollar doubts grow – Deutsche Bank
EUR/USD has been on the decline for the last three weeks and there is little signal that a near-term reversal is likely.
Euro: EUR/USD Bearish risks toward 1.10 – ING
The Euro managed to break below the support trend at 1.1390. If prices hold below the daily close of 1.1410, more of a drop is likely towards the 1.1200-50 zone.
Euro: EUR/USD risk reversal long setup – TD Securities
Fed hike bets ease ahead of PCE, but elevated Treasury yields support DXY as EUR/USD and GBP/USD remain under pressure.