📊 EUR/USD Technical Analysis – August 19, 2025
The Euro/Dollar pair is currently trading around 1.1657, showing consolidation after recent strong moves.
🔹 Key Fibonacci Levels
Immediate resistance at 1.1687 (38.2%).
Psychological and technical barrier at 1.1775 (50%).
Major resistance at 1.1867 (61.8%).
Upside extension projected towards 1.2159 if the bearish trendline is broken.
🔹 Trend
The descending trendline (in purple) continues to act as a dynamic ceiling. Unless broken decisively, upside potential may remain limited.
🔹 Important Supports
First support at 1.1575 (23.6%).
High-liquidity zone between 1.1450 – 1.1370, crucial to maintain the medium-term bullish structure.
A break below 1.1275 could open the door to a deeper correction.
đź“Ś Conclusion:
The pair is at a decision point. A breakout above the trendline and 1.1687 could trigger fresh bullish momentum. On the other hand, losing the 1.1575 – 1.1450 zone would increase the likelihood of a deeper pullback.
The Euro/Dollar pair is currently trading around 1.1657, showing consolidation after recent strong moves.
🔹 Key Fibonacci Levels
Immediate resistance at 1.1687 (38.2%).
Psychological and technical barrier at 1.1775 (50%).
Major resistance at 1.1867 (61.8%).
Upside extension projected towards 1.2159 if the bearish trendline is broken.
🔹 Trend
The descending trendline (in purple) continues to act as a dynamic ceiling. Unless broken decisively, upside potential may remain limited.
🔹 Important Supports
First support at 1.1575 (23.6%).
High-liquidity zone between 1.1450 – 1.1370, crucial to maintain the medium-term bullish structure.
A break below 1.1275 could open the door to a deeper correction.
đź“Ś Conclusion:
The pair is at a decision point. A breakout above the trendline and 1.1687 could trigger fresh bullish momentum. On the other hand, losing the 1.1575 – 1.1450 zone would increase the likelihood of a deeper pullback.
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.
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.