My baseline is leaning slightly bullish for the euro over USD for coming 1-3 months: because Fed easing seems more imminent and ECB appears more reluctant to cut, thus narrowing or even reversing the interest rate differential edge in favor of the USD.



But I expect choppy price action — there is too much risk from unexpected US data or global risk events. So I think EUR/USD will likely test resistance (~1.1780) but may struggle to decisively break well above unless accompanied by strong dovish FED signals.



If you are trading, buying dips (support zones) seems safer than chasing highs right now.