Here are the key intraday price levels for the EUR/USD pair that traders will likely watch closely t

Technical Analysis of EUR/USD Pair
The EUR/USD pair is trending lower on the 1-hour chart. The pair declined after bouncing down from the 1.1687 level, which represents an IFVG zone on the 4-hour chart. This move is driven by the current strength in the U.S. Dollar Index. Notably, the positive Producer Price Index (PPI) results boosted the dollar, supporting further euro weakness.

Key Economic News
Markets are awaiting President Trump’s speech today, which is expected to have a direct impact on market movements.

Liquidity Levels
Prices are expected to decline towards the 1.1630 level, followed by 1.1595.

Invalidation
The bearish scenario will be invalidated if prices reach the 1.1705 level.

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