The pair is caught between a fundamentally supportive policy divergence (ECB on hold, Fed to cut) and Eurozone growth concerns. The market awaits a catalyst, with today’s U.S. consumer data poised to break the deadlock.

| Resistance | 1.1750 | 1.1780 | 1.1810 |
| Support | 1.1700 | 1.1660 | 1.1600 |