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Forex

EUR/USD RSI Hits 2020 Oversold Levels as Dollar Continues to Rise

Guavy AI Editorial Team
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EUR USD
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The EUR/USD daily RSI has reached levels last seen in 2020, signaling a potential reversal risk across correlated currency pairs.

US Treasury yields have risen to their highest levels since 2002, while the US Dollar Index and major dollar pairs are testing new highs for this year.

The pound is approaching multi-month support, and momentum indicators across yields and currencies show signs of exhaustion, raising the risk of a near-term pullback as we enter the fourth quarter of 2026.

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