EUR/USD Intraday: Watching for a Trigger Below Support

Aug 28, 2026 7:20 PM

The downside prevails as long as 1.1638 is resistance, with 1.1577 and 1.1564 as targets

Our pivot point is at 1.1638.
Our preference:
The downside prevails as long as 1.1638 is resistance, with 1.1577 and 1.1564 as targets
Alternative scenario:
above 1.1638, look for 1.1660 and 1.1673.
Comment:
As prices close in on our first target, this level may spark a pullback. However, a definitive break below it could pave the way for a deeper decline.
Supports and resistances:
1.1673 **
1.1660 *
1.1638 **
1.1581 last
1.1577
1.1564 **
1.1551 *

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.

Related Instruments