EUR/USD Nears Critical Levels Ahead of ECB Rate Announcement: Disappointing Data Fuels FX Speculation
The EUR/USD currency pair has been under intense scrutiny in recent trading sessions as it reached a critical technical level. The 61.8% Fibonacci retracement of the major 2021 to 2022 move at 1.1274 served as a significant resistance point, pushing the pair lower. Traders are closely observing the price action,.