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fxAug 14, 2026, 7:30 PM

EUR/USD Gains but 100-Day SMA at 1.1567 Caps Rally

EUR/USD rose more than 0.32% and bounced from daily lows, but the 100-day simple moving average near 1.1567 is limiting further upside.

EURUSD

EUR/USD is trading around 1.1564 after recovering from its daily lows, with the pair up more than 0.32%.

The 100-day simple moving average at 1.1567 is acting as key resistance. Traders are watching the 1.1600 psychological level as the next target if the moving average is cleared.

For now, the moving average is blocking a bullish reversal attempt.

Source: FXStreet Forex News