{
  "id": 10683703,
  "title": "Euro: EUR/USD bearish bias converging on support – Societe Generale",
  "url": "https://urgent.news/2026/09/29/euro-eur-usd-bearish-bias-converging-on-support-societe-generale",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T11:36:49.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/euro-eur-usd-bearish-bias-converging-on-support-societe-generale-202609291136"
  },
  "original_language": "en",
  "account": "Societe Generale's FX strategy team notes that EUR/USD is experiencing a bearish bias, trading at a three-month low and moving closer to the June low of 1.1325. The bank identifies key support levels at 1.1325 and 1.1270, with resistance around 1.1410. Wider 2-year UST/EGB spreads and impending US PCE and NFP data are contributing to EUR/USD's approach to these critical support levels. Overnight, EUR/USD fluctuated between 1.1343 and 1.1372, maintaining a bearish bias.",
  "summary": "Societe Generale’s FX strategy team reports EUR/USD remains under pressure, trading at a three-month low and moving toward the June low at 1.1325. The bank flags support at 1.1325 and 1.1270, with resistance at 1.1410. Widening 2-year UST/EGB spreads and upcoming US PCE and NFP data are seen pulling EUR/USD closer to these vital support levels.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "USD/MXN: Rally nears forecast zone – Societe Generale",
        "url": "https://urgent.news/2026/09/29/usd-mxn-rally-nears-forecast-zone-societe-generale",
        "published": "2026-09-29T10:35:35.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}