EURUSD: Strong U.S. Data Supports USD, All Eyes on PCEEUR/USDOANDA:EURUSDKlejdiCuniEURUSD: Strong U.S. Data Supports USD, All Eyes on PCE From our analysis during the FOMC meeting, EURUSD formed only a false bullish breakout, as I explained earlier, and has already reached two of our targets. U.S. data has been strong for a long time, but the dollar has been held back by speculation around interest rates—a key reason it hasn’t taken a clear direction. Now that the Fed has started its rate-cutting cycle, the door is open for two more cuts. Today’s PCE data will be important, as it is likely to influence the dollar’s momentum. The Core PCE inflation month-to-month is expected to rise 0.2% vs 0.2% previous , and year-on-year is expected to rise 2.9% vs 2.9% previous. The headline PCE inflation (all items) is forecast to tick up to 2.7% YoY, up from 2.6% Core PCE is the Federal Reserve’s preferred inflation gauge, a surprise above expectations could affect rate policy signaling. Inflation remains above the Fed’s 2% target, with core PCE holding near 2.9%. The “old structure” of tariff pass-through continues — rising import prices may push up core goods inflation over time ✅Standard Reaction: Upside inflation surprise → USD strength; Downside surprise → USD could weaken. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️