EUR/USD Daily Chart Analysis For Week of July 31, 2026Euro vs. US DollarFX:EURUSDTradeSelecterTechnical Analysis and Outlook: In last week’s Eurodollar trading session, the currency continued its upward movement from the Mean Support level of 1.137 and the Key Support level of 1.135. It is currently positioned just below the Mean Resistance at 1.156. The momentum behind this upward trend suggests that it will continue in its current rebound direction, with the main objective of targeting the Mean Resistance at 1.156 and the Key Resistance at 1.161. In the event of a downward price action, we may see an In-Force Retracement from the Mean Resistance at 1.156, targeting the Mean Support at 1.148. There is also the possibility of moving lower to address the Mean Support at 1.144 and the Key Support at 1.136.