EUR/USD Price Approaching 1.08 Ahead of US CPI

<div><img width="638" height="390" src="https://www.forexcrunch.com/wp-content/uploads/2022/01/Screenshot_2-14.png" class="type:primaryImage wp-post-image" alt="my EUR/USD price analysis forecast outlook" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.forexcrunch.com/wp-content/uploads/2022/01/Screenshot_2-14.png 638w, https://www.forexcrunch.com/wp-content/uploads/2022/01/Screenshot_2-14-300×183.png 300w, https://www.forexcrunch.com/wp-content/uploads/2022/01/Screenshot_2-14-150×92.png 150w" sizes="(max-width: 638px) 100vw, 638px" /></div>
<p>The pair rebounded after failing to take out the lower median line. The median line acts as a magnet. Higher US inflation should lift the greenback. The EUR/USD price is trading at 1.0793 at the time of writing. It looks determined to approach the 1.08 psychological level as the US dollar returns to the downside….</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2023/12/12/eur-usd-price-approaching-1-08-ahead-of-us-cpi/">EUR/USD Price Approaching 1.08 Ahead of US CPI</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>