{
  "id": 3122784,
  "title": "EUR/USD Price Forecast: 1.1700 caps bulls as RSI overheats",
  "url": "https://urgent.news/2026/08/24/eur-usd-price-forecast-1-1700-caps-bulls-as-rsi-overheats",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T21:46:34.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/eur-usd-price-forecast-11700-caps-bulls-as-rsi-overheats-202608242146"
  },
  "original_language": "en",
  "account": "The EUR/USD exchange rate faltered, failing to break above the 1.1700 mark, causing it to slide towards the 1.1660 area. Despite maintaining a neutral-to-upward bias, the pair's momentum shifted bullish as the Relative Strength Index (RSI) entered an overbought territory, signaling bullish strength. However, the EUR/USD is expected to remain range-bound, with the next resistance level at 1.1700 and potential breakouts leading to higher targets. If the pair breaches 1.1700, the psychological level of 1.1750 and the May 6 high of 1.1795 would be next on the list, followed by the 1.1800 level. Should EUR/USD decline below 1.1650, the 200-day Simple Moving Average (SMA) at 1.1631 would become a crucial support level. Further down, traders would watch the 1.1600 mark, the 100-day SMA at 1.1574, and eventually the 1.1500 level. Euro held its strength against the Canadian Dollar, making it the strongest among major currencies in today's percentage changes.",
  "summary": "The shared currency registers minimal losses of 0.13% versus the US Dollar as EUR/USD fails to surpass 1.1700, exacerbating the drop towards the 1.1660 area, despite retaining its current neutral-to-upward bias.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "EUR/JPY Price Forecast: Bulls struggle at 187 amid intervention fears",
        "url": "https://urgent.news/2026/08/24/eur-jpy-price-forecast-bulls-struggle-at-187-amid-intervention-fears",
        "published": "2026-08-24T22:29:18.000Z"
      }
    ]
  },
  "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."
}