EURUSD technicals:The EURUSD is consolidating near the week's highs buy above 50% midpoint ...Middle East

On Thursday, the pair peaked just shy of 1.1700, a natural resistance level, before pulling back to retest the 50% retracement. Buyers held that line, reinforcing the bullish bias. While Friday’s high fell short of Thursday’s peak, the higher low kept buyers in the game and set the stage for a key test early next week.

A break below the 100-hour moving average (1.16156) and the 50% retracement (1.16098) would be needed to shift the bias back toward the downside and disappoint bulls.

The video above outlines the key levels and explains all the "whys" for the key levels.

Visit investingLive.com daily and often.

This article was written by Greg Michalowski at investinglive.com.

Hence then, the article about eurusd technicals the eurusd is consolidating near the week s highs buy above 50 midpoint was published today ( Friday 08/08/2025 - 10:47 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( EURUSD technicals:The EURUSD is consolidating near the week's highs buy above 50% midpoint )

Also on site :

• Heart attack patients at risk as defibrillator supplies targeted in NHS hack
• José Leclerc Targeting July Return
• What Bessent Said After Interview Interrupted for Trump Situation Room Talk