No major events are expected today.

EUR/USD is holding near 1.1735 at the start of the week, but upward momentum has weakened. The market is reassessing Federal Reserve policy after the recent rate cut and comments from officials about a possible pause to evaluate inflation trends.

Uncertainty is being amplified by the postponement of some US macro data due to a shutdown of federal agencies. Delays in labor market and price statistics increase caution and push participants toward a more restrained outlook for further easing. In such periods, demand for the dollar typically rises.

On the euro side, its own pressure factors remain in place. An ECB decision and updated economic guidance for the region lie ahead, alongside political risks in certain eurozone countries that may weigh on investor sentiment. Taken together, this increases the likelihood of a pullback in the pair.

Recommendation: SELL 1.1735, SL 1.1760, TP 1.1660