EUR/USD

Bullish

Archived analysis from Sep 22, 2026, 3:38 AM

Key insight

1.1500 round number confirmed as support; next resistance at 1.1600 (2023 high). Dollar index soft amid Fed pause expectations and elevated Oil supporting EUR terms-of-trade. Bulls need weekly close above 1.1500 to validate breakout.

Holds 1.1471 — EUR/USD trades near multi-month highs as USD weakness persists; 1.15 round number cleared, opening path toward 1.16 measured by 2023 swing highs.

Main risk

Fed hawkish pivot / USD reversal

Unexpected Fed rate guidance shift could strengthen USD sharply, pushing EUR/USD back below 1.1400 50-day MA and invalidating breakout.

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