EURUSD

Despite the European Central Bank's decision to lower interest rates at its last meeting, the EUR/USD pair remains resilient. President Lagarde's statement that potential U.S. tariffs could alleviate inflationary pressures in Europe has had a positive impact on the pair. Technically, selling pressure continues below the 1.14560 level. The German Manufacturing PMI data released at 48.0, which fell below expectations, continues to exert pressure on the Euro. The critical support level at 1.13492 will be decisive for the direction of short-term movements. If the pivot level of 1.1373 is surpassed, the 1.1459 level may come back into focus.