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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

EURUSD 11.8.2025

Technical Analysis
Monday, August 11, 2025 - 12:27
Point Trader Group
EURUSD 11.8.2025

Overall Trend:

The price is facing selling pressure below the descending trendline from previous highs, with a strong resistance zone between 1.1677 and 1.1695.

Expected Scenario:

- Bullish: A breakout above 1.1695 with confirmation could lead to 1.1720 and then 1.1750.

- Bearish: Remaining below 1.1677 with a break under 1.1639 increases the chances of a drop to 1.1596 and then 1.1550.

Key Levels:

Resistance: 1.1677 – 1.1695 – 1.1720

Support: 1.1639 – 1.1596 – 1.1550

 

*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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