EURUSD Technical & Fundamental Analysis: Key Support at 1.1380 Amid Renewed Dollar Strength, July 15, 2026
Over the past three trading days, EURUSD has experienced heightened volatility, closing near 1.14338 yesterday. The US dollar gained strength due to geopolitical tensions between the US and Iran alongside persistent US inflation data, which tempered risk appetite and boosted safe-haven demand. Although June’s US CPI showed some cooling inflation, core inflation remains stickier, keeping markets cautious. These factors directly impacted the EURUSD price action, posing dual challenges of a strong dollar and uncertainties in the Eurozone economy. For average investors, this suggests a potential continuation of range-bound or downward pressure between 1.13 and 1.15. Traders should closely monitor Federal Reserve communications and geopolitical events to adjust their positions accordingly.


