EUR/USD Intraday: First target, continuation or consolidation?
Jul 29, 2026 7:40 AM
The upside prevails as long as 1.1358 is support, with 1.1414 and 1.1427 as targets

Our pivot point is at 1.1358.
Our preference:
The upside prevails as long as 1.1358 is support, with 1.1414 and 1.1427 as targets
Alternative scenario:
below 1.1358, expect 1.1335 and 1.1322.
Comment:
Prices are now within reach of our first target, a level that could invite the price to consolidate. On the flip side, a clear break above it may well sustain the upward move.
Supports and resistances:
1.1441 *
1.1427 **
1.1414
1.1397 last
1.1358 **
1.1335 *
1.1322 **
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