Friday, October 16, 2026

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EUR/USD now near session lows, bears targeting 1.05

Source: Thomson Reuters EUR/USD bounce off overnight low stalls just above Sep '03 low, spreads widen further & RSIs weigh Pair now near session lows, long-term bears now eye ~1.05 Sellers ~1.0790/00 but might have to lo…

By Jay L. Zagorsky
1 min read
EUR/USD now near session lows, bears targeting 1.05
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Source: Thomson Reuters


  • EUR/USD bounce off overnight low stalls just above Sep '03 low, spreads widen further & RSIs weigh

  • Pair now near session lows, long-term bears now eye ~1.05  

  • Sellers ~1.0790/00 but might have to lower offers if no bounce follows

  • The Dec 2002 high & March 2003 low sit near 1.05

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