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28.07.2025 08:07 AM
Fiber has the potential to weaken today, with the Pivot level potentially being broken, Monday, July 28, 2025.

EUR/USD – Monday, July 28, 2025.

With the appearance of a divergence between Fiber's price movement and the RSI(14) indicator, although the 50 and 200 EMAs (Golden Cross & RSI(14) are in neutral bullish conditions, indicates that EUR/USD has the potential to weaken today.

Key Levels

1. Resistance 2: 1.1793.

2. Resistance 1: 1.1768.

3. Pivot: 1.1736.

4. Support 1: 1.1711.

5. Support 2: 1.1679.

Tactical Scenario

Pressure Risk Zone: If the price breaks down and closes below level 1.1736, then EUR/USD has the potential to continue its decline to 1.1711.

Momentum Extension Bias: If level 1.1711 is successfully broken and closes below it, then Fiber has the potential to continue its decline to 1.1679 Today.

Invalidation Level / Bias Revision

Downside bias is restrained if EUR/USD breaks through and closes above 1.1793.

Technical Summary

EMA(50): 1.1748.

EMA(200): 1.1733.

RSI(14): 52.89.

Economic News Release Agenda:

Although the United States-Eurozone trade deal has reached 15%, it continues to increase uncertainty and global risk dynamics, also market players are awaiting the Fed's interest rate decision this week, potentially putting pressure on EUR/USD today.

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