EUR/USD

Neutral

Archived analysis from Aug 12, 2026, 3:38 AM

Key insight

1.1538 stalls at Aug swing high — US CPI at 1330 GMT decides break to 1.1620 or flush to 1.1420

Holds 1.1500 round support; US CPI today pivots next leg — Fed hike vs. hold binary

Main risk

US CPI beat reignites Sep Fed hike

Firm CPI prints 8 Aug push Sep hike odds back; USD spikes, 1.1420 support tested fast

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