EUR/USD Bullish Outlook – Why the Euro Could Strengthen

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EUR/USD Bullish Outlook – Why the Euro Could StrengthenEuro vs US DollarVANTAGE:EURUSDMrYounity📈 EUR/USD Bullish Outlook – Why the Euro Could Strengthen EUR/USD is showing signs of a potential rebound, supported by both technical setups and shifting fundamentals. 1. Dovish Fed Expectations: Markets are increasingly pricing in Fed rate cuts as U.S. inflation cools and economic growth shows signs of slowing. A more dovish Fed stance puts downward pressure on the dollar, offering support to the euro. 2. ECB Less Dovish Than Expected: While the ECB has started easing, recent comments suggest a cautious approach to further cuts. If inflation remains sticky in the Eurozone, the ECB could pause or slow future rate reductions, which would support EUR. 3. Technical Support & Reversal Patterns: EUR/USD has bounced off strong support forming a bullish reversal pattern (e.g. double bottom / bullish engulfing candle). Momentum indicators like RSI and MACD are turning upward, signaling potential continuation of the move. 4. Improving Eurozone Data: Recent Eurozone data has surprised to the upside, especially in manufacturing and services PMIs. If this trend continues, confidence in the euro could rise. 📌 Conclusion: With growing expectations for a Fed pivot and signs of stabilization in the Eurozone economy, EUR/USD could push higher.