EUR/USD PRICE FORECAST

Tina Collins

13 Mar 2025

EUR/USD faced pressure after reaching multi-month highs.

US Dollar showed a mild rebound, partially reversing previous weakness.

February US inflation readings came in below expectations.

EUR/USD gave back some recent gains amid the weak USD bounce.

Pair briefly dropped below 1.0900 support level.

US Dollar Index (DXY) revisited 103.80 area, supported by rising US yields.

Ongoing rally brought EUR/USD close to the 23.6% Fibonacci retracement at 1.0969.

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