EUR/USD
BullishArchived analysis from Aug 20, 2026, 8:44 PM
Key insight
1.1677 holds the 1.15 breakout base; a close above 1.1750 opens 1.19 2025 swing high. USD/JPY at 159.1 absorbs dollar bulls, leaving EUR/USD bid on dips.
Holds 1.1677 with USD broadly soft — USD/JPY at 159.1 signals yen-side pressure, not dollar strength; EUR retains post-1.10 breakout structure intact above 1.15 pivot.
Main risk
Fed hawkish pivot / US data beat
Stronger-than-expected US data forces dollar bid; break below 1.1480 50-day MA invalidates the bull structure.
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