EURUSD(20250514) Today's Analysis

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Market news:
The U.S. unadjusted CPI annual rate unexpectedly dropped to 2.3% in April, the lowest since February 2021.

Technical analysis:
Today's buying and selling boundaries:
1.1154

Support and resistance levels:
1.1261
1.1221
1.1195
1.1113
1.1087
1.1047

Trading strategy:
If the price breaks through 1.1195, consider buying, the first target price is 1.1221
If the price breaks through 1.1154, consider selling, the first target price is 1.1113

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