ForexAug 11, 2026, 1:54 PM

EUR/USD Range-Bound Below 100-Day SMA

EUR/USD held steady around 1.1546 on Tuesday, continuing to trade within its recent range and below the 100-day simple moving average.

EURUSD

EUR/USD traded little changed on Tuesday, hovering near 1.1546 as the pair extended its sideways drift from the past week. The price remains capped below the 100-day simple moving average, reinforcing a lack of directional momentum.

Intraday fluctuations have been muted, keeping the pair trapped in a narrow consolidation zone. Traders are watching for a break of either the moving-average resistance or nearby support to signal the next move.

Source: FXStreet Forex News

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