EURUSD maintains bearish momentum as long as the price remains below 1.1745, with a near-term target at 1.1684.
A confirmed breakout above 1.1745 would shift the trend to bullish, opening the path toward 1.1808 and 1.1883.
On the downside, a 1H or 4H candle close below 1.1684 would reinforce the bearish trend, likely extending losses toward 1.1627, and possibly 1.1557.
Support: 1.1684 / 1.1627 / 1.1557
Resistance: 1.1808 / 1.1883
Trade active
EURUSD – Technical Outlook| 8.7.2025EURUSD continues to consolidate within the range of 1.1745 and 1.1684, awaiting a clear breakout to determine the next trend direction.
A drop to 1.1684 is expected. A 1H candle close below this level would confirm a bearish continuation toward 1.1627, with potential extension to 1.1558.
On the flip side, a close above 1.1745 would shift momentum to the bullish side, with targets at 1.1802 and 1.1882.
Support Levels: 1.1684 / 1.1662 / 1.1558
Resistance Levels: 1.1802 / 1.1882
Trade closed: target reached
EURUSD – Live UpdatePerfectly dropped many times to our support at 1.1682 from the resistance of 1.1745.
The price has been consolidating between 1.1745 and 1.1684, but is now attempting to break below this range.
If successful, it will likely continue the bearish trend toward our targets at 1.1627 and 1.1557.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.