EUR/USD Sell Signal: Fed Hike Bets Fuel Dollar Strength
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The Federal Reserve's move toward a September hike, backed by sticky inflation and resilient U.S. growth, is reinforcing dollar demand across major pairs. EUR/USD has struggled to hold above short-term resistance as rate differentials widen in the dollar's favor.
Signal parameters: Entry 1.0790, Take Profit 1.0650, Stop Loss 1.0860. This structure offers a Risk/Reward ratio of approximately 2:1, with the setup invalidated on a daily close above 1.0870.
Traders should monitor upcoming Fed commentary, as any hawkish surprise could accelerate the move toward the downside target faster than the current technical timeline suggests.