Friday, October 16, 2026

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EUR/USD back inside hourly cloud, threatens 21 DMA at 1.1217

EUR/USD back inside the hourly cloud, session high is at 1.1228 Day cloud top continues to lend support by session low. Kijun at 1.1130 21 DMA is at 1.1217, a close below would favor the bears Break of the 1.1156-30 regi…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • EUR/USD back inside the hourly cloud, session high is at 1.1228

  • Day cloud top continues to lend support by session low. Kijun at 1.1130

  • 21 DMA is at 1.1217, a close below would favor the bears

  • Break of the 1.1156-30 region needed to see the bear trend resume

  • Below then targets the 55 DMA at 1.1093

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By FxWirePro Team