EUR/USD Undergoes Correction Due to Risk-Off Sentiment

The EUR/USD experienced a significant correction due to the market's risk-off sentiment at the beginning of the year, and investors are waiting for new data this week. The next move will depend on market sentiment and data, specifically on how investors evaluate the strong pricing of a 150 basis points cut this year and the possibility of a first cut in March. DXY is hanging on a resistance area.

Resistance 3	Resistance 2	Resistance 1	Support 1	Support 2	Support 3
1.1300	1.1200	1.1100	1.0950	1.0900	1.0850