Euro holds above its 50-day average after a slightly cooler German CPI print
EURUSD1-3 daysRangepublished 12:31 · updated never, that’s the point
1.1448Daily closes, last 40 sessions, with the levels this idea names
40 sessions, 1.1527 to 1.1448; levels: support 1.1507, resistance 1.1711
| Level | Price | Why it matters |
|---|---|---|
| Support | 1.1507 | 50-day average |
| Resistance | 1.1711 | top of the 30-day range |
Levels read 12:30 UTC, 31 Aug 2026 · EdgeHog engine · 2026-08-31T12:30:06.059Z
The preliminary German inflation figure landed a touch below expectations, but price action so far stays within the recent 30-day band.
EURUSD at 1.15982 sits above both its prior close of 1.15885 and its 50-day average of 1.15075, inside the 30-day range of 1.1353–1.17113. The CPI miss (2.9% vs 3.0% expected) is a mild disinflation signal for the eurozone's largest economy, but it hasn't (yet) pulled price toward the lower end of the recent range.
A drop back below the 50-day average (1.15075) would mark a shift away from the recent firmness; a push through the 30-day high (1.17113) would put price into territory not seen in the past month.
Every number the engine used, and the checks it had to pass.
a quoted price — 1.15982
a computed level — 1.15885
a computed level — 1.150749
a computed level — 1.17113
a calendar figure — 2.9
Checks passed source evidence ✓ · model reviews 4/4 · compliance ✓