The euro is trading around $1.1315 on Tuesday, pressured by a stronger U.S. dollar ahead of the Federal Reserve’s policy decision, where rates are expected to remain unchanged. However, the dollar still faces headwinds from doubts over its safe-haven appeal and President Trump’s unpredictable tariff stance. A dovish Fed or continued skepticism toward the dollar may limit euro losses.
Resistance levels are seen at 1.1460, then 1.1580 and 1.1680, while support rests at 1.1260, followed by 1.1200 and 1.1150.
Resistance levels are seen at 1.1460, then 1.1580 and 1.1680, while support rests at 1.1260, followed by 1.1200 and 1.1150.
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Disclaimer
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.