{"id":120072,"date":"2025-10-20T10:02:12","date_gmt":"2025-10-20T06:02:12","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=120072"},"modified":"2025-10-20T10:02:24","modified_gmt":"2025-10-20T06:02:24","slug":"euro-looking-for-support-20-10-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/euro-looking-for-support-20-10-2025\/10\/20\/tech-analysis\/","title":{"rendered":"Euro Looking for Support 20\/10\/2025"},"content":{"rendered":"\n<p>EUR\/USD met the prior report\u2019s first upside target at <strong>1.1720<\/strong> before stalling; price now trades <strong>below 1.1720<\/strong>, keeping it a pivotal near-term resistance despite the intraday bid.<\/p>\n\n\n\n<p><strong>Technical:<\/strong><br>While the broader structure remains <strong>down<\/strong>, an intraday <strong>bullish sub-trend<\/strong> is developing. <strong>SMAs<\/strong> continue to act as <strong>dynamic support<\/strong> beneath price. <strong>RSI<\/strong> has rotated up from <strong>oversold<\/strong>, raising the risk of <strong>positive divergence<\/strong>. A nascent <strong>double-bottom<\/strong> pattern further argues for a corrective push higher if resistance yields.<\/p>\n\n\n\n<p><strong>Base case:<\/strong><br>Holding <strong>above 1.1640<\/strong> favors a <strong>corrective advance<\/strong>. A <strong>clean break through 1.1720<\/strong> would likely unlock <strong>1.1760<\/strong> as the next upside objective.<\/p>\n\n\n\n<p><strong>Alternative:<\/strong><br>A <strong>decisive break below 1.1640<\/strong> on an hourly close would <strong>re-establish downside pressure<\/strong>, opening <strong>1.1600<\/strong> initially.<\/p>\n\n\n\n<p><strong>Risk:<\/strong><br>Trade\/geopolitical headlines can trigger abrupt swings. Use disciplined sizing and clear invalidation levels; this setup may not suit all risk profiles.<br><br><strong>Risk Disclaimer:<\/strong> Trading CFDs involves risks, and therefore the scenarios outlined above are not a recommendation to sell or buy but rather an explanatory reading of price movement on the chart.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>S1: 1.1640<\/strong><\/td><td><strong>R1: 1.1720<\/strong><\/td><\/tr><tr><td><strong>S2: 1.1600<\/strong><\/td><td><strong>R2: 1.1760<\/strong><\/td><\/tr><tr><td><strong>S3: 1.1560<\/strong><\/td><td><strong>R3: 1.1795<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><br><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/USD met the prior report\u2019s first upside target at 1.1720 before stalling; price now trades below 1.1720, keeping it a pivotal near-term resistance despite the intraday bid. Technical:While the broader structure remains down, an intraday bullish sub-trend is developing. SMAs continue to act as dynamic support beneath price. RSI has rotated up from oversold, raising &hellip;<\/p>\n","protected":false},"author":9,"featured_media":120078,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[],"class_list":["post-120072","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=120072"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120072\/revisions"}],"predecessor-version":[{"id":120079,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120072\/revisions\/120079"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/120078"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}