EUR/USD Analysis for July 15, 2026
The Euro has been consolidating in a range for an extended period. I maintain my previous outlook: as long as the strike at 1.1370 holds, it remains more advantageous to target the upside in options.
Yesterday’s inflation data failed to drive the pair through the 1/2 margin level. It is clear that a breakout above this 1/2 level will act as confirmation for the upward trend.
(At the same time, the Dollar Index also continues to struggle to break through its own 1/2 level, albeit to the downside.)