EURUSD 28.8.2025
Overall Trend:
Price remains capped by a minor descending trendline while holding above the 1.1565–1.1628 demand zone. Immediate barrier sits at 1.1729, with the reference high at 1.1845.
Expected Scenario:
Bullish:
- A decisive break and hold above 1.1729 would pave the way for a retest of 1.1845.
Bearish:
- Staying beneath the trendline and slipping back below 1.1628, then 1.1565, could extend losses toward 1.1265.
Key Levels:
Resistance: 1.1729 – 1.1845
Support: 1.1628 – 1.1565 – 1.1265
*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.