Forex

EUR/USD at Crucial Technical Crossroads Ahead of ECB Rate Decision

Guavy AI Editorial Team Published September 4, 2026

Instruments

EUR

The EUR/USD has defended pivotal support for two consecutive weeks following the pullback from August highs, stabilizing weekly momentum in positive territory.

The September opening range is beginning to take shape as price remains caught within a broader multi-month consolidation.

The European Central Bank rate decision and U.S. CPI/PPI headline next week's event risk as markets reassess the relative policy outlook.

The Wire

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