Euro / U.S. Dollar
Short
Updated

DeGRAM | EURUSD Under the Upper Limit of the Range

346
📊 Technical Analysis
  • EURUSD formed a bearish takeover and returned under the trend line.
  • Trading below $1.1405 leaves the potential to reach $1.12.

💡 Fundamental Analysis
Germany cut its 2025 growth outlook to near-zero as tariff uncertainty bites.

Summary
Weak eurozone data and Trump's tariffs imposition provide a technical basis for a fall towards $1.12.

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snapshot
📊 Technical Analysis
● EURUSD slipped back under the resistance line.
● While price remains below this level, downside targets lie at $1.131 and $1.12.

💡 Fundamental Analysis
● Berlin now expects zero German GDP growth in 2025.
● Italy’s PMI signal industrial weakness.
● The ECB cut its rate, whereas Fed minutes show no appetite for cuts.
● Robust U.S. data and higher yields continue to underpin the greenback.

Summary
Weak Euro-area data, looming tariff retaliation and a policy gulf with the Fed validate the technical break down; a sustained close below $1.131 would likely accelerate losses toward $1.12.

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