EUR/USD Eyes Cautious Reversal as European Data Boosts Confidence—What to Expect on August 22, 2025
EUR/USD showed slight gains after testing support near 1.0820, suggesting a pause in recent bearish pressure. Despite a modest bounce fueled by stronger Eurozone data and softer US indicators, technicals remain cautious with price below the 50-day SMA and mixed momentum signals. Key levels to watch include support at 1.0820 and resistance near 1.0925. Fundamental factors including ECB’s data-driven stance and US labor market softness continue to influence the outlook. Full analysis by Economies.com as of August 22, 2025.