Euler USD Price & Performance (EULUSD)

The EUR/USD pair rebounded from a three-week low, reaching 1.0780 amid renewed USD selling. President Trump's announcement of auto tariffs, delayed for some imports, added to market uncertainty. With upcoming inflation data and Federal Reserve rate cut expectations, the pair's direction remains unpredictable.123

The EUR/USD tested below 1.0800 as mixed PMI data revealed economic challenges. European manufacturing stayed in contraction, while US manufacturing slipped further. Services PMI offered slight relief, but tariff worries continue to weigh on sentiment, keeping the pair under pressure.142

EUR/USD struggles to hold above 1.0800, with technical indicators highlighting downside risks. RSI and MACD suggest limited buying interest, while key support levels at 1.0765 and 1.0700 are in focus. A break below these could signal further declines, while resistance at 1.0885 caps upside potential.567