Euro Tests Key Support Ahead of US Eurozone Data
EUR/USD has fallen to a key support level, influenced by a stronger US dollar and the ECB's neutral stance. This week's Eurozone CPI and US Non-Farm Payroll data will be crucial, potentially impacting monetary policy decisions in both regions. Technical analysis indicates that the 1.1670 area is a significant support zone where bulls and bears are battling. The upcoming data releases will likely determine the short-term direction of the EUR/USD pair, with investors closely monitoring for signals regarding inflation and employment trends.









