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fxJul 27, 2026, 3:23 AM

EUR/USD Under Pressure as Downside Risks Emerge

EUR/USD fell below key moving averages on the 4-hour chart, with bears pushing the pair toward the 1.1365 level.

EURUSD

The euro came under renewed selling pressure against the dollar, with the pair breaking below the 1.1420 support area on the 4-hour timeframe.

Technical indicators turned bearish as EUR/USD settled beneath both the 100-period simple moving average (red) and the 200-period simple moving average (green). This breakdown suggests momentum has shifted to the downside.

Sellers extended the decline, driving the pair toward the 1.1365 region. Further losses could follow if the pair fails to reclaim these moving averages.

Source: FXStreet Forex News