$EURI Today, EUR/USD is positioned at a critical support level near 1.0830, amid mixed economic indicators from both the Eurozone and the U.S. Market sentiment leans cautiously bearish as weak Eurozone PMI data hints at slower economic growth, impacting confidence in the euro. Meanwhile, the dollar remains resilient, bolstered by U.S. economic stability and prospects of further Federal Reserve rate adjustments.
Given this context, a slight bearish trend for EUR/USD appears likely, with traders anticipating a possible test of the 1.0800 level. However, if buyers step in around this support zone, a short-term rebound toward 1.0900 is possible.
**Target Price:** 1.0900
**Sell Price:** 1.0800
