EURUSD

The EURUSD pair is currently fluctuating around the pivot level of 1.14458. The Fed's cautious stance is strengthening the dollar. Important support levels are found at 1.13190, 1.12753, and 1.11901. The pair may retreat towards these supports. If the 1.13190 support is broken, selling pressure may increase. Powell's wait-and-see policy has cast doubt on a possible interest rate cut in September, which could strengthen the downward trend in the pair. The employment data coming from the US and the inflation figures from Europe on Friday will be critical.