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EUR/USD Short Term: Watching for a Trigger Above Resistance
Aug 11, 2026 6:46 AM
Rebound towards 1.1703
Our pivot point is at 1.1274.
Our preference:
Rebound towards 1.1703
Alternative scenario:
below 1.1274, expect 1.1117 and 1.1023.
Comment:
Prices are now close to our first target. Reaching this level could trigger a throwback. Conversely, a clear break above it could help drive the asset price higher.
Supports and resistances:
1.1797 *
1.1703 **
1.1609
1.1524 last
1.1274 **
1.1117 *
1.1023 **
Our preference:
Rebound towards 1.1703
Alternative scenario:
below 1.1274, expect 1.1117 and 1.1023.
Comment:
Prices are now close to our first target. Reaching this level could trigger a throwback. Conversely, a clear break above it could help drive the asset price higher.
Supports and resistances:
1.1797 *
1.1703 **
1.1609
1.1524 last
1.1274 **
1.1117 *
1.1023 **
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