EURUSD Technical Analysis – The Euro falls to the lowest level since 2022 ...Middle East

Fundamental OverviewOverall, we’ve seen a rangebound price action in the US Dollar this week as the market’s pricing remained largely unchanged due to the lack of catalysts at three rate cuts by the end of 2025.This morning, we saw some strong bids in the greenback entirely due to the weak Eurozone PMIs as the flows in the pair spilled over to other markets. On the EUR side, the probabilities for a 50 bps cut in December rose to 63% from 26% before the PMIs. By the end of 2025, the market sees a total of 142 bps of easing. EURUSD Technical Analysis – Daily TimeframeOn the daily chart, we can see that EURUSD broke through the key support zone around the 1.05 handle yesterday and extended the

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