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EUR/USD Intraday: First target, continuation or consolidation?
Aug 17, 2026 7:40 AM
The upside prevails as long as 1.1567 is support, with 1.1613 and 1.1625 as targets
Our pivot point is at 1.1567.
Our preference:
The upside prevails as long as 1.1567 is support, with 1.1613 and 1.1625 as targets
Alternative scenario:
below 1.1567, expect 1.1547 and 1.1536.
Comment:
Price is consolidating just below a key resistance level, setting the stage for an upside attempt.
Supports and resistances:
1.1637 *
1.1625 **
1.1613
1.1606 last
1.1567 **
1.1547 *
1.1536 **
Our preference:
The upside prevails as long as 1.1567 is support, with 1.1613 and 1.1625 as targets
Alternative scenario:
below 1.1567, expect 1.1547 and 1.1536.
Comment:
Price is consolidating just below a key resistance level, setting the stage for an upside attempt.
Supports and resistances:
1.1637 *
1.1625 **
1.1613
1.1606 last
1.1567 **
1.1547 *
1.1536 **
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