ForexAug 12, 2026, 6:12 PM

EUR/USD Edges Lower as Bullish Momentum Fades; 1.1500 Support in Focus

EUR/USD pulled back Wednesday after giving up earlier gains, with the dollar steady despite in-line US CPI data. Near-term focus turns to the 1.1500 support level.

EURUSD

EUR/USD traded around 1.1521 on Wednesday, easing after an intraday advance. The pair reversed earlier gains as the US dollar absorbed in-line US CPI data without a sustained reaction.

The loss of upside momentum shifts attention toward the 1.1500 level as the next key support. A break below that area would reinforce the fading bullish bias, while a recovery above recent intraday highs would be needed to stabilise the short-term outlook.

Source: FXStreet Forex News

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