Euro Forecast: EUR/USD Tumbles Towards Yearly Low as Daily RSI Goes Oversold
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Forexcom
Tuesday, September 29, 2026 at 04:05 PM UTC

Euro Forecast: EUR/USD Tumbles Towards Yearly Low as Daily RSI Goes Oversold

Currency Pairs:💱 EUR-USD

The proverbial rubber band is pulled back across several USD pairs as DXY has continued a strong rally over the past three weeks. The Fed rate decision has certainly played a role, although that rate hike was largely expected even before then.

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Euro Forecast: EUR/USD Tumbles Towards Yearly Low as Daily RSI Goes Oversold