NEWS: EURUSD price is falling -0.6% following higher than expected US Produce Price Index data
Possible Scenarios:
If EURUSD fails to breach through S2 of 1.16285, our Research Department expects the EURUSD to undergo a short- term upward correction.
If EURUSD manages to break below its S2 of 1.16285, our Research Department expects the EURUSD to extend its losses to its S3 of 1.16056
Support and Resistance Levels:
EURUSD |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
1.16056 |
1.16285 |
1.16515 |
1.16820 |
1.17125 |
1.17355 |
1.17584 |
Potential Profit or Potential Loss Calculations:
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $100 |
(+/-) €85.69 |
(+/-) £73.75 |
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.16702
***GBP/USD = 1.35602
Calculations for exchange rate used as of Thursday, August 14, 2025, 13:50 GMT+1