EUR/USD

Bullish

Archived analysis from Aug 7, 2026, 1:30 PM

Key insight

1.1600 cleared on weak NFP setup — hold above 1.1538 pivot targets 1.1680 weekly high next.

Breaks 1.1538 trend-line resistance; NFP miss risk + Fed rate-hike doubts keep USD on back foot.

Main risk

Fed Musalem hawkish dissent / hot NFP

NFP beat or Fed re-hike signal slams pair back below 1.1538 fast.

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