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EUR/USD Intraday: Decline at a crossroads
Aug 6, 2026 11:30 PM
Eye 1.1504
Our pivot point is at 1.1569.
Our preference:
Eye 1.1504
Alternative scenario:
above 1.1569, look for 1.1592 and 1.1605.
Comment:
Prices are now edging toward our first target. Should this level be reached, a pullback is likely to surface; yet a convincing break below it could open the door to further losses.
Supports and resistances:
1.1605 **
1.1592 *
1.1569 **
1.1523 last
1.1518
1.1504 **
1.1490 *
Our preference:
Eye 1.1504
Alternative scenario:
above 1.1569, look for 1.1592 and 1.1605.
Comment:
Prices are now edging toward our first target. Should this level be reached, a pullback is likely to surface; yet a convincing break below it could open the door to further losses.
Supports and resistances:
1.1605 **
1.1592 *
1.1569 **
1.1523 last
1.1518
1.1504 **
1.1490 *
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