Analysts see the Euro weakening toward 1.1300-1.1200 if the Dollar index breaks above 1.0150 in the medium term.
EUR/USD is trading near critical support at 1.1400 as the Dollar index remains above 101. A sustained move above 101.50 could signal further Dollar strength, pushing the Euro toward 1.1300-1.1200 in the coming weeks.
The Dollar index currently hovers near key resistance levels, with a breakout potentially targeting 102-104. Failure to surpass 101.50 may reverse the trend, supporting a rebound in EUR/USD from current levels.
Market focus remains on the Dollar’s trajectory, with technical levels dictating near-term direction for major currency pairs.