EUR/USD rebounds as Eurozone sentiment improves
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#5fbc89c3 ver:0.8

EUR/USD rebounds as Eurozone sentiment improves, but technical outlook remains uncertain. US Dollar strength and risk perception changes will drive investor reactions. A bullish Wall Street opening could hinder USD demand and help EUR/USD extend rebound. Immediate resistance at 1.0730-1.0740, 1.0760, and 1.0785. Support at 1.0670, with 1.0600 as next if broken. Euro recovering after sentiment-driven selloff. ECB to wait for more inflation data before rate cuts. Eurozone PMI below expectations, US PMI exceeds. German Business Expectations decline. Traders ignoring US data until Thursday. Momentum favors buyers if above 1.0710, resistance at 1.0730, support at 1.0720. #EURUSD #forex...

#newstr #Eur/usd #Eurozone #Ecb #BusinessClimateIndex #PmiData #UsEconomicData 

 https://here.news/story/5fbc89c3?ver=0.8