EUR/USD Price Forecast: Fading bullish momentum puts focus on 1.1500 support

Published Aug 12, 2026 2:11 PM Last refreshed Aug 12, 2026 3:00 PM Source: EODHD Event Time: Aug 12, 2026 2:11 PM

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This market news item includes source data powered by EODHD.

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EUR/USD Price Forecast: Fading bullish momentum puts focus on 1.1500 support

Source: EODHD - https://www.fxstreet.com/news/eur-usd-price-forecast-fading-bullish-momentum-puts-focus-on-11500-support-202608121811
Published: Aug 12, 2026 2:11 PM

EUR/USD edges lower on Wednesday, reversing earlier gains as the US Dollar (USD) shrugs off in-line US Consumer Price Index (CPI) data. At the time of writing, the pair trades around 1.1521 after touching an intraday high of 1.1563.

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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