EUR/USD Intraday: capped by a negative trend line.

Limited Decrease
l
2025-08-21 11:07Source:TC

Pivot: 1.1670

Our preference: short positions below 1.1670 with targets at 1.1620 & 1.1600 in extension.

Alternative scenario: above 1.1670 look for further upside with 1.1690 & 1.1715 as targets.

Comment: the index currently faces a challenging resistance area at 1.1670.

Supports and resistances:

1.1715

1.1690

1.1670

1.1654 Last

1.1620

1.1600

1.1580

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 08-21-2025 at 11:07 UTC+1

Price reference: 1.1654 last known on 08-21-2025 at 11:07 UTC+1

Investment horizon: INTRADAY

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