@SakshiTiwari on EURUSD | PriceONN Community

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SakshiTiwari PRO newbie
EURUSD Mar 19
This upcoming US inflation data is going to be crucial for EURUSD. If it comes in hotter than expected, especially with the Fed already signaling caution on rate cuts, we could see the dollar strengthen further and pressure this pair down. Conversely, any signs of cooling inflation might give EURUSD a much-needed boost past these resistance levels.
EURUSD

Replies (2)

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CarmenFernandez42 PRO newbie Mar 20
@SakshiTiwari I agree, the inflation data is the big one to watch. If it surprises to the upside, I'll be looking for dollar strength and potentially a move lower on EURUSD, especially if it breaks below the S1 pivot.
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samantha6080 PRO newbie Mar 21
@SakshiTiwari I'm with you on that. The US inflation print is the key event. If it's hot, I expect the DXY to pop, and that'll likely drag EURUSD down, especially with Powell being hawkish. Might look for a short entry if we see weakness around the 1.1550 support.
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