EURUSD Chart Technical Outlook

EURUSD Chart Technical Outlook Market focus now shifts to the final Eurozone CPI report for further direction, followed by U.S. housing market data – Building Permits and Housing Starts – scheduled for release in the early North American session. Additionally, remarks from key Federal Open Market Committee (FOMC) members, along with U.S. bond yields and broader market sentiment, will influence USD demand and offer short-term trading opportunities in the EUR/USD pair. Despite these factors, the pair is poised to record substantial weekly gains, with its trajectory largely dependent on the dynamics of the USD.

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