IC Markets：欧元兑美元能否守住1.1750关口？

Core Viewpoint - The Euro/USD pair has retreated from a high of approximately 1.1750, reflecting new selling pressure on the dollar due to potential government shutdown risks, with market focus shifting to upcoming U.S. labor market data and business activity indicators [1][5]. Technical Overview - The Euro/USD is attempting to break through the flat 20-day Simple Moving Average (SMA), with technical indicators slightly rising near the midline. However, prices remain significantly above the 100-day and 200-day SMAs, indicating a long-term upward risk [4]. - In the short term, the Euro/USD is generally neutral to slightly bullish, facing selling pressure near the 100-day SMA while the 200-day SMA (around 1.1690) provides intraday support. The pair is trading above the 20-day SMA, which is trending downward and about to cross with long-term averages [4]. - Support levels are identified at 1.1690, 1.1650, and 1.1615, while resistance levels are at 1.1750, 1.1795, and 1.1830 [4]. Fundamental Overview - Recent economic data includes a 0.2% month-over-month decline in Eurozone Producer Prices, contrasting with a previous increase of 0.5% [4]. - The U.S. faces a potential government shutdown due to a budget impasse, which could delay or suspend the release of critical economic data, including the non-farm payroll report scheduled for Friday [5]. - Upcoming releases include inflation data for Germany and the Eurozone, as well as the U.S. pending home sales and the Dallas Fed manufacturing index for September [6].