đ¶đ EUR/USD HOLDS NEAR 1.1750 â MIXED U.S. DATA FAILS TO BOOST THE DOLLAR
EUR/USD is stabilizing around 1.1750 as the U.S. dollar struggles to find momentum, despite a fresh batch of economic data.
đ Whatâs happening
âą U.S. data came in mixed, offering no clear bullish signal for USD
âą Treasury yields remain capped
âą Traders are reluctant to add long USD exposure ahead of clearer macro direction
The result: range-bound price action, not a reversal.
đ§ Market read
The dollar isnât collapsing â but itâs also not convincing buyers.
As long as data lacks consistency, USD strength remains fragile, allowing EUR to stay supported.
đ Key levels to watch
âą Support: 1.1700 â 1.1680
âą Resistance: 1.1780 â 1.1800
A clean break outside this range likely needs:
âą Strong U.S. data surprise
âą Or a shift in Fed rate expectations
â ïž Until then, EUR/USD remains in wait-and-see mode â steady, not trending.