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fxJul 21, 2026, 4:13 AM

EUR/USD Bears Stay in Charge Below 200-SMA; 1.1400 Break Awaited

The EUR/USD pair is consolidating near the 1.1400 level during the Asian session on Tuesday, with bears retaining control below the 200-period simple moving average on the 4-hour chart. A break below 1.1400 is anticipated.

EURUSD

The EUR/USD pair is consolidating in the Asian session on Tuesday, trading just above the 1.1400 mark. This level represents a four-day low touched during the previous session.

Technical analysis shows bears retaining control below the 200-period simple moving average on the 4-hour chart. The break of 1.1400 is awaited, which could trigger further downside movement.

Traders are monitoring the 1.1400 level closely as a potential pivot point for near-term direction.

Source: FXStreet Forex News