EUR/USD – 07.08.2025

The Euro managed to find support around 1.1390 on the edge of the uptrend line while the advance wave is still ongoing.

As we see over the chart, the market is facing support around 1.1390 as resistance around 1.1720 which could push for a correction.

Above 1.1720 more advance will be expected toward 1.1860 and 1.2000.

Below 1.1390 more of a drop could hit the market with the  main support around 1.1060.

SUPPORT RESISTANCE
LEVEL1 1.1595 1.1720-30
LEVEL2 1.1515 1.1790
LEVEL3 1.1390 1.1860

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