Euro: Downside levels in focus against US Dollar – UOB

Euro: Downside levels in focus against US Dollar – UOB

Source: EODHD - https://www.fxstreet.com/news/euro-downside-levels-in-focus-against-us-dollar-uob-202609171338
Published: Sep 17, 2026 9:38 AM

UOB’s Quek Ser Leang highlights building downside momentum in EUR/USD as the 21‑day EMA approaches a bearish cross below the 55‑day EMA. The pair has broken below the Ichimoku cloud and key moving averages, with support at 1.1400 and subsequent levels at 1.1353 and 1.1324.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.