Thursday, October 15, 2026

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EUR/USD breaks major support 1.09800, targets 1.0890/1.0835

Major support - 1.09800 Minor resistance - 1.10350 The pair has broken major support around 1.09800 and declined till 1.09780. It is currently trading around 1.09791. Short term trend is weak as long as resistance 1.1035…

By Lis Howell
1 min read
EUR/USD breaks major support 1.09800, targets 1.0890/1.0835
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  • Major support - 1.09800
     
  • Minor resistance - 1.10350
     
  • The pair has broken major support around 1.09800 and declined till 1.09780. It is currently trading around 1.09791.
     
  • Short term trend is weak as long as resistance 1.10350 holds.
     
  • Any break above 1.10350 will take the pair till 1.1055/1.1088 in short term.
     
  •  On the lower side any break below 1.0980 will drag the pair till 1.0920/1.0890/1.0835.

Sell EUR/USD around 1.09810-1.09825 with SL around 1.10350 for the TP of  1.08950/1.0835

 

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