The author of this article is Exness Research and Analysis Desk.

-The short-term weakness of the US dollar and the intensification of inflation concerns by the European Central Bank have clearly driven the rise of EURUSD.

-Oli Rehn, the Governor of the Bank of Finland, stated that inflation in the eurozone will remain stable as expected, and monetary policy will continue to be constrained in the future.

-At the same time, European Central Bank President Lagarde has warned that the threat of tariffs will increase after Trump regains power, which could lead to significant inflation risks.

-EURUSD has broken through the upper boundary of the downtrend channel and is approaching the resistance level of 1.0470.

-EMA21 is approaching EMA78, indicating a possible trend reversal. If EURUSD breaks through 1.0470, the price may gain upward momentum and move towards 1.0560.

-On the contrary, if it falls below the support levels of EMA21 and 1.0355, the price may re-enter the downward channel.

This article only represents the author's personal opinion and does not represent the views of Exness or Exness Research and Analysis Desk.