Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
TRON 
Lido Staked Ether 
Figure Heloc 
The EUR/USD’s tame recovery attempts seen earlier on Tuesday have been capped below 1.1490, before the release of softer-than-expected Eurozone Harmonised Index of Consumer Prices (HICP) figures.
💡 DMK Insight
The EUR/USD’s struggle to break above 1.1490 highlights a critical resistance level amid soft inflation data. With the Eurozone’s Harmonised Index of Consumer Prices coming in weaker than anticipated, traders should be cautious about bullish positions. This data could signal a slowdown in economic momentum, which might prompt the European Central Bank to reconsider its tightening stance. If the pair fails to breach 1.1490, we could see a retracement towards the next support levels, potentially around 1.1400. Look for volatility in the coming days as market participants digest this data and adjust their expectations for future monetary policy. On the flip side, if the EUR/USD manages to reclaim 1.1490 convincingly, it could trigger a short squeeze, leading to a rally towards 1.1550. Keep an eye on upcoming economic indicators and sentiment shifts, as they could provide the necessary catalysts for a breakout or a deeper correction.
📮 Takeaway
Watch the EUR/USD closely; a failure to break 1.1490 could lead to a drop towards 1.1400, while a breakout might target 1.1550.
