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Bullish Flag Pattern

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TAG
A detailed image of Euro and US dollar banknotes scattered, symbolizing global currency exchange.
FORECASTSAUG 13, 2026
EUR/USD Forecast: Bulls Watch 1.1578 Breakout as US PPI Data Looms
EUR/USD has eased from its monthly high as traders digest softer US consumer inflation and wait for the next producer price inflation update. Technical traders remain focused on a bullish flag structure, the 50-day EMA and the 1.1578 resistance level as potential triggers for renewed upside.