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EUR/USD Intraday: First target, continuation or consolidation?
Sep 7, 2026 3:45 PM
The upside prevails as long as 1.1586 is support, with 1.1641 and 1.1655 as targets
Our pivot point is at 1.1586.
Our preference:
The upside prevails as long as 1.1586 is support, with 1.1641 and 1.1655 as targets
Alternative scenario:
below 1.1586, expect 1.1563 and 1.1550.
Comment:
Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.
Supports and resistances:
1.1668 *
1.1655 **
1.1641
1.1630 last
1.1586 **
1.1563 *
1.1550 **
Our preference:
The upside prevails as long as 1.1586 is support, with 1.1641 and 1.1655 as targets
Alternative scenario:
below 1.1586, expect 1.1563 and 1.1550.
Comment:
Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.
Supports and resistances:
1.1668 *
1.1655 **
1.1641
1.1630 last
1.1586 **
1.1563 *
1.1550 **
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