EURUSD Rally Running Out of Momentum?Euro vs United States DollarTICKMILL:EURUSDJoeChampionHey Traders, In the coming week, we are monitoring EUR/USD for a selling opportunity around the 1.15500 zone. The pair is currently trading in a broader downtrend and remains in a corrective phase, approaching a key support and resistance area near 1.15500 that aligns with the prevailing bearish structure. From a fundamental perspective, the macro environment continues to favor the US dollar. The Federal Reserve maintains a “higher for longer” stance as inflation risks remain elevated, supported by rising energy prices and geopolitical tensions. Higher US bond yields continue to attract capital into the dollar, strengthening it against major currencies. At the same time, the European Central Bank faces a more fragile economic backdrop in Europe, where growth remains sluggish and businesses are dealing with higher energy costs. This limits the ECB’s flexibility compared to the Fed and keeps the euro relatively weak. With the divergence between US and European monetary policy still in place, the broader bias continues to favor dollar strength. Technically and fundamentally aligned, the rally toward the 1.15500 resistance zone could present a favorable opportunity for sellers to step in, in line with the dominant downtrend. Overall bias: bearish — preference for selling rallies. Trade safe, Joe.