EUR/USD Price Forecast: Euro forms potential higher low above 100-day SMA

EUR/USD Price Forecast: Euro forms potential higher low above 100-day SMA

Source: EODHD - https://www.fxstreet.com/news/eur-usd-price-forecast-euro-forms-potential-higher-low-above-100-day-sma-202609041543
Published: Sep 04, 2026 11:43 AM

EUR/USD sees sharp two-way price swings on Friday after a stronger-than-expected United States (US) employment report triggers fresh volatility. The pair initially fell to an intraday low of 1.1585 before recovering as the US Dollar (USD) struggled to sustain its gains.

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.