EURUUSD March 2026 fundamental analysisEuro/US DollarFX:EURUSDOneirotradeFundamentals: Fed: in an easing phase, with rates around 3.5–3.75% and minutes showing a division but generally a pivot from fighting inflation toward avoiding recession. ECB: on hold at 2.15% with inflation near target and little urgency to cut. That leaves a narrowing rate differential and a softer medium‑term outlook for USD. Recent trend & outlook: EUR/USD has rallied from the mid‑1.16s in early January to test the 1.20 area, with recent consolidation around 1.18–1.19 after a strong advance. The DXY remains in a weak, range‑bound configuration, and Euro dips have been consistently bought. For the next month, the path of least resistance remains modestly higher EUR/USD, though the near‑term reward/risk is less compelling than earlier in the move. Verdict: Buy EUR/USD, bias to the upside, but favour buying pullbacks rather than breakouts.