Thursday, October 15, 2026

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EUR/USD eyes 1.0710/20 on Greenback dump

Source: Thomson Reuters EUR/USD buoyed to new day's high as USD/JPY's 119 break ignites USD slide Narrowing 2yr DE-US yield spreads likely aid the lift 1.0710/20 zone (lows 3/31 & 4/1, 38.2 Fib of 1.1036-1.0521) in play …

By Jay L. Zagorsky
1 min read
EUR/USD eyes 1.0710/20 on Greenback dump
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Source: Thomson Reuters


  • EUR/USD buoyed to new day's high as USD/JPY's 119 break ignites USD slide

  • Narrowing 2yr DE-US yield spreads likely aid the lift

  • 1.0710/20 zone (lows 3/31 & 4/1, 38.2 Fib of 1.1036-1.0521) in play

  • If pair breaks above, more stops likely run, 1.0775/90 then targeted

  • Daily RSI biased up, monthly RSI poised to turn up

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EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team