EUR/USD is experiencing downward pressure, trading around 1.1710 during the opening of the US session, a notable decline from the three-month highs above 1.1800 reached earlier this week. This shift indicates a potential reversal in momentum, with the currency pair set to close the week with moderate losses.
The strengthening US Dollar is contributing to this decline, as it gains traction against its major counterparts. Market participants are closely watching the upcoming US Michigan Consumer Sentiment Index, which could further impact the exchange rate. As traders navigate these developments, the outlook for EUR/USD remains cautious amid the fluctuating dynamics between the Euro and USD.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2025-12-19 14:21
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.