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May 21, 2026
NEWS: EURUSD price is falling -0.4% as the US dollar strengthens on higher oil prices following escalating geopolitical tensions in the Middle East.
Possible Scenarios:
If EURUSD fails to breach through S1 of 1.15593, our Analysis Department expects EURUSD to undergo a short- term upward correction.
If EURUSD manages to break below its S1 of 1.15593, our Analysis Department expects EURUSD to extend its losses to its S2 of 1.15420
Support and Resistance Levels:
|
EURUSD |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1.15248 |
1.15420 |
1.15593 |
1.15823 |
1.16053 |
1.16226 |
1.16398 |
Potential Profit or Potential Loss Calculations:
|
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €86.31 |
(+/-) £74.61 |
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.15857
***GBP/USD = 1.34032
Calculations for exchange rate used as of Thursday, May 21, 2026, 14:36 GMT+1