Euro: Downside risk persists toward 1.1550 against US Dollar – UOB

Euro: Downside risk persists toward 1.1550 against US Dollar – UOB

Source: EODHD - https://www.fxstreet.com/news/euro-downside-risk-persists-toward-11550-against-us-dollar-uob-202609030620
Published: Sep 03, 2026 2:20 AM

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that EUR/USD has shifted into short-term range trading between 1.1570 and 1.1610 after a dip to 1.1565 and rebound to 1.1608. They still see scope for a test of 1.1550 unless 1.1630 strong resistance breaks.

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.