The EUR/USD currency pair is experiencing slight gains during Tuesday’s European session, trading at 1.1530. However, the exchange rate remains constrained below the significant resistance level of 1.1550. Traders are closely monitoring this range, as upcoming economic data from the United States could influence market movement.
Investors are particularly focused on the US Retail Sales and Producer Price Index (PPI) data set to be released shortly. These indicators are crucial for assessing the health of the US economy and could prompt shifts in the USD's value against the EUR. As the market awaits these reports, fluctuations within this tight range highlight the cautious sentiment prevailing among traders.
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Data Source: FX Killer Analysis Team Updated: 2025-11-25 13:33
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.