Friday, October 16, 2026

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EUR/USD breaks key short-term support near 1.0880/85

Source: Thomson Reuters EUR/USD breaks key short-term support near 1.0880/85 as USD firms across the board US yield lift too much for longs, US 2yr & 10yr yields set new session highs Next support at 21-DMA (1.0869), 1.0…

By Jay L. Zagorsky
1 min read
EUR/USD breaks key short-term support near 1.0880/85
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Source: Thomson Reuters


  • EUR/USD breaks key short-term support near 1.0880/85 as USD firms across the board

  • US yield lift too much for longs, US 2yr & 10yr yields set new session highs

  • Next support at 21-DMA (1.0869), 1.0800/10 (hourly low 200-HMA) next support

  • Daily RSI rolls over, might aid test of 10-DMA(1.0771) & 3/23 low(1.0768)

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