EURUSD rises slightly as US economy weakens more than expectedEUR/USDOANDA:EURUSDFalCol_TradingMaster1) Market Overview EURUSD fluctuates around 1.0850 - 1.0960, with a slight upward trend thanks to - US economic data is below expectations - ECB maintains a mildly dovish stance, affirming that it will continue to monitor inflation instead of declaring an end to interest rate hikes This week the market will focus on - US CPI - which can cause strong fluctuations - Some statements from ECB and FED members - Geopolitical risks in the Middle East and Europe 2) Technical Analysis - Trend: EURUSD is trending slightly upward, the main support level is around 1.0850 and strong resistance is at 1.0970-1.10000 - RSI: fluctuates near the 55-60 zone, not overbought, still has room to increase - MACD: is crossing the signal line - a potential bullish signal