EUR/USD, Monday, July 21, 2025

Although the 50-day moving average (EMA) is still below the 200-day moving average (EMA), indicating a bearish neutrality, and the RSI (14) is at a bearish neutral level, the emergence of divergence between price movement and the RSI (14) indicates a potential reversal.

Key Levels

1. Resistance 2: 1.1710

2. Resistance 1: 1.1667

3. Pivot: 1.1631

4. Support 1: 1.1588

5. Support 2: 1.1552

Tactical Scenario

Positive Reaction Zone: If the price successfully breaks through and closes above 1.1631, EUR/USD has the potential to strengthen to 1.1667.

Momentum Extension Bias: If the 1.1667 level is successfully broken through and closes above it, Fiber has the potential to continue strengthening to 1.1710.

Invalidation Level / Bias Revision

Upside bias weakens when the price successfully breaks through and closes below 1.1552.

Technical Summary

EMA(50): 1.1628.

EMA(200): 1.1633.

RSI(14): 43.27.

Economic News Release Agenda:

With the ECB's implied policy shifting to hawkish, signaling no further interest rate cuts, sentiment is positive for the Euro.

Tonight, there is a data release: US CB Leading Index m/m at 9:00 PM WIB.