EUR/USD has pulled back 1.5% from its recent high amid renewed US–Iran tensions and a stronger US dollar, but key support at 1.1665/1.1635 is now in focus for a potential rebound. A steepening Eurozone–US rate spread suggests improving euro fundamentals, while technical signals, bullish divergence, and support at major moving averages, point to upside potential. A break above 1.1722 may trigger further gains toward 1.18 and beyond.
24-04-2026 05:45 GMT
by Kelvin Wong