EUR/USD Price Forecast: 1.1000 comes into view as 1.1100 gives way

Below 1.1100, EUR/USD awaits a daily close to confirm the downside break.
With the bearish RSI nearing oversold levels, selling pressure remains persistent.
Holding below 1.1100 would leave 1.1050, 1.1000 and 1.0951 exposed.

At 1.1092 at the time of writing, EUR/USD is extending its decline below 1.1100. Traders are weighing hawkish remarks from the Fed that have raised the likelihood of an interest rate increase.

EUR/USD Price Forecast: Support Break Leaves Pair Vulnerable

A key support level has given way in EUR/USD, although confirmation requires a daily close below 1.1100, which could open the door to additional declines. Sellers retain control, as indicated by the bearish Relative Strength Index (RSI), which is moving towards oversold levels.

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Remaining below 1.1100 could take EUR/USD towards 1.1050, the swing low recorded on 23 May 2025. Beyond that, the psychological 1.1000 mark comes into focus, followed by 1.0951, the low of the day (LOD) on 12 May 2025.

Any recovery would first encounter resistance at 1.1100. A break above this level would bring the day’s high at 1.1170 into view, followed by 1.1200. Further up, the 4 November level of 1.1273 provides key resistance before 1.1300.

EUR/USD Daily Chart Tracks Price Action

Euro Records Its Strongest Gain Against the Swiss Franc Today

Today’s percentage movements in the Euro (EUR) against the major currencies listed appear in the table below. The Swiss Franc was the currency against which the Euro performed most strongly.

	USD	EUR	GBP	JPY	CAD	AUD	NZD	CHF
USD		0.67%	0.54%	0.69%	0.42%	0.25%	0.71%	0.98%
EUR	-0.67%		-0.13%	0.02%	-0.25%	-0.42%	0.05%	0.31%
GBP	-0.54%	0.13%		0.15%	-0.13%	-0.29%	0.16%	0.44%
JPY	-0.69%	-0.02%	-0.15%		-0.27%	-0.43%	0.04%	0.30%
CAD	-0.42%	0.25%	0.13%	0.27%		-0.16%	0.30%	0.57%
AUD	-0.25%	0.42%	0.29%	0.43%	0.16%		0.46%	0.74%
NZD	-0.71%	-0.05%	-0.16%	-0.04%	-0.30%	-0.46%		0.25%
CHF	-0.98%	-0.31%	-0.44%	-0.30%	-0.57%	-0.74%	-0.25%

Percentage movements between the major currencies are displayed in the heat map. Select the base currency in the left-hand column and the quote currency in the top row. For instance, choosing the Euro on the left and following its row across to the US Dollar gives the percentage change for EUR (base)/USD (quote) in the corresponding cell.