BitcoinWorld EUR/USD Price Outlook: Buyers Test 100-Day SMA as Momentum Shifts to Bullish. Buyers in the EUR/USD market are currently testing the 100-day simple moving average (SMA) as momentum indicators indicate a bullish trend, suggesting a possible change in the pair's short-term trajectory. In the latest trading session, the pair is trading just below the 100-day SMA, a level that has served as resistance since early March. A sustained breakout above this level could signal further upward movement.