EUR/USD Price Pares Gains, Eyes on EU CPI, FOMC Speech

<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" decoding="async" style="margin-bottom: 15px;" 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 bias is bullish in the short term as the DXY is bearish. The Eurozone and US economic figures could bring high action today. A new lower low activates more declines. The EUR/USD price retreated slightly in the last hours and is now at 1.0575. Despite positive US data, it rose as the US dollar…</p>
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