Thursday, October 15, 2026

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EUR/USD clears May 22 high & 61.8 Fib of 1.1468-1.0819, Bund yields driving lift

EUR/USD hits new short-term trend high, May 22 high & 61.8 Fib of 1.1468-1.0819 cleared German 10 year yield rallies to 0.83%, seen as the main driver behind Next decent resistance near 1.1315/25 (76.4 Fib & May 19 high)…

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

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  • EUR/USD hits new short-term trend high, May 22 high & 61.8 Fib of 1.1468-1.0819 cleared

  • German 10 year yield rallies to 0.83%, seen as the main driver behind

  • Next decent resistance near 1.1315/25 (76.4 Fib & May 19 high)

  • Sub-1.1075/80 needed to ease immediate bull pressure

  • RSIs are biased up with room to run, suggests more gains due

  • Large offers noted 1.1240 

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