EUR/USD Price Forecast: 1.1700 caps bulls as RSI overheats

Published Aug 24, 2026 5:46 PM Last refreshed Aug 24, 2026 6:00 PM Source: EODHD Event Time: Aug 24, 2026 5:46 PM

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This market news item includes source data powered by EODHD.

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EUR/USD Price Forecast: 1.1700 caps bulls as RSI overheats

Source: EODHD - https://www.fxstreet.com/news/eur-usd-price-forecast-11700-caps-bulls-as-rsi-overheats-202608242146
Published: Aug 24, 2026 5:46 PM

The shared currency registers minimal losses of 0.13% versus the US Dollar as EUR/USD fails to surpass 1.1700, exacerbating the drop towards the 1.1660 area, despite retaining its current neutral-to-upward bias.

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.

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