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fxJul 3, 2026, 11:58 AM

EUR/USD Struggles at 1.1475 Resistance Despite Dollar Weakness

The euro extended gains for a second session on Friday as the US dollar softened after disappointing jobs data, but EUR/USD failed to break above the key 1.1475 resistance level.

EURUSD

The euro rose for a second consecutive day on Friday, benefiting from broad US dollar weakness following Thursday's weaker-than-expected US Nonfarm Payrolls report.

Despite the greenback's decline, the EUR/USD pair met strong resistance around the 1.1475 mark, struggling to push through this level. Traders are now watching for a decisive break above 1.1475 to confirm further upside momentum.

Source: FXStreet Forex News