蓝莓外汇BBMarkets：欧元/美元震荡寻方向，能否突破阻力？

Core Viewpoint - The Eurozone's economic data shows signs of weakness, yet the market's reaction remains limited, with the Euro experiencing a rebound after a gap down [1][4]. Economic Data Summary - The June HCOB Composite PMI for the Eurozone is at 50.2, unchanged from the previous month but below the market expectation of 50.5, indicating persistent weak economic growth [3]. - The Services PMI for June is reported at 50.0, up from 49.7 in May, suggesting a return to stability after a brief contraction, although growth has slowed to a three-month low [3]. - Manufacturing PMI remains in contraction at 49.4, with new orders showing the smallest decline in 13 months, marking the end of a three-year decline in new orders [3]. Manufacturing and Employment Insights - Eurozone manufacturers are still reducing procurement activities, but the pace is the slowest in three years, with an acceleration in job cuts compared to May [4]. - Input costs in manufacturing have decreased for three consecutive months, while output prices have been lowered for the second time [4]. Market Reactions and Technical Analysis - The Euro's rebound is supported by short covering and dovish comments from Federal Reserve officials, which have raised expectations for interest rate cuts [4]. - The Euro is currently in an upward channel since March, facing significant resistance around 1.1630, with key support at 1.1412 [5]. - Technical indicators suggest a short-term bearish structure for the Euro against the Dollar, with critical support levels at 1.14-1.1380 [6].