EUR/USD Stalls at 1.1550 as Upside Momentum Fades

EUR/USD is consolidating around 1.1550 after failing to extend Thursday's gains, with the pair pulling back slightly as risk appetite wanes across global markets. The euro's upside momentum has lost steam near the mid-1.1500s region, suggesting bulls are struggling to maintain control above this psychological level. The pair had attempted to push higher earlier in the week but encountered selling pressure as traders took profits following the recent rally. Technical analysis indicates the pair needs to clear resistance at 1.1580 to resume its upward trajectory, while immediate support lies at 1.1520. The consolidation phase reflects broader market uncertainty and diminishing risk appetite, which typically weighs on the euro against the dollar. Traders are likely awaiting fresh fundamental catalysts before committing to directional positions, with focus turning to upcoming economic data releases from both regions.