19 Mar EURUSD outlook: Bearish pressure on EURUSDEuro / U.S. DollarFOREXCOM:EURUSDChartingGenieEURUSD remains in a downtrend, marked by lower swings, while bearish pressure from the Ichimoku cloud suggests further downside potential. If the price fails to break above the resistance at 1.15047, the price may extend its decline toward the next support at 1.14110. Conversely, a break above 1.15047 could open the door for a further rise toward the next resistance at 1.15554. EURUSD edged lower as persistent inflation pressures in the US reinforced expectations that interest rates may remain higher for longer. The Fed's cautious stance, supported by elevated energy prices, contrasts with a relatively steadier outlook from the European Central Bank, keeping policy divergence in focus. However, EURUSD may remain volatile as delayed Fed easing supports the dollar in the near term, while lingering geopolitical risks and shifting rate expectations continue to drive fluctuations. By Li Xing Gan, Financial Markets Strategist Consultant to Exness