EUR/USD: A Market at War With Itself
Weak US ISM data is fighting geopolitical safe-haven flows—and neither side is winning.
The Dollar stumbled on disappointing manufacturing numbers, but risk-off sentiment and a stubborn 1.18 ceiling are keeping Euro bulls in check. Result? A stalemate above 1.1720.
Bottom line: Fundamentals say sell USD. Technicals and geopolitics say not so fast. Until one side blinks, expect choppy, directionless price action.
Outlook: NEUTRAL
