EUR/USD

Neutral

Archived analysis from Aug 6, 2026, 2:11 PM

Key insight

1.1550 capped by 100-day MA + Bollinger upper band; break above needed to target 1.1620 July high

1.1542 wedged between 50-EMA support and 100-day MA resistance cluster; RSI 61 — no breakout yet

Main risk

US ISM Services PMI upside surprise

54.1 print (25th straight expansion month) reinforces Fed hold — USD bids may pressure 1.1500

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