EUR/USD has recorded a 2% decline over the last five sessions, favoring the dollar and placing the euro in a sustained bearish zone. This selling pressure has intensified following the Fed's recent decision, accompanied by neutral remarks regarding decisions for the upcoming year.

After suffering a sharp drop of more than 1% on Wednesday, the EUR/USD managed a minor rebound by the end of the week, adding 0.28% to trade near 1.0395 on Friday. Despite this modest improvement, the pair remains below the 20-day Simple Moving Average (SMA), which continues to limit upside potential and maintain a cautious outlook.

EUR/USD appears to be defending the yearly low (1.0333) as it rebounds from a fresh monthly low (1.0343), with the recovery in the exchange rate keeping the Relative Strength Index (RSI) above 30.

The US dollar has had another strong week, as the market continues to focus on the United States, as it is an outlier as far as global economies are concerned. With this, the bonds in America are offering higher yields, and this in and of itself will be attractive to

The Euro managed to maintain a trading zone between 1.0335 and 1.0425. As we see over the chart, the market is still holding this trading zone which could expand toward the 1.0490 resistance while the downtrend pressure still overshadows the market.

The US dollar has seen a bit of selling in the early hours of the Friday session, as the market is likely to perhaps see a bit of profit taking. With this, the market continues to look as if the USD will be a big winner, but in the short