EUR/USD Support at $1.1400 Under Threat

The EUR/USD is once again testing the $1.1400 support area, and this week's price action could decide whether that level finally gives way.

Friday started with a push higher, but the late-session selloff showed how fragile sentiment is, as traders moved back into caution despite the earlier bounce.

This repeated chipping away at support makes the coming sessions a story worth watching for anyone trading the pair.

The US dollar remains underpinned by generally higher interest rates, which have helped it gain strength against the euro.

However, even when US yields eased during Friday's session, EUR/USD still fell apart later in the day, pointing to deeper and broader concerns than rates alone.