EUR/USD

Neutral

Archived analysis from Aug 13, 2026, 7:17 PM

Key insight

1.1535–1.1516 flipped to support — hold above confirms bias; break below resets to 1.1380 50-day MA

Holds above 1.1516 breakout zone; in-line US CPI caps USD selling, ECB on hold after June hike

Main risk

Strait of Hormuz energy shock

Deal 'very close' but unconfirmed; renewed closure would spike oil, pressure EUR via inflation drag

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