Thursday, October 15, 2026

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EUR/USD overnight high stops just shy of 1.1217, US CPI next

Correction of the Mar-May correction likely ended with 1.1062 prop hold Wed Prior oversold weekly divergence & overbought daily divergence both reset to neutral now Overnight high stops just shy of 38.2% of 1-week drop a…

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

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  • Correction of the Mar-May correction likely ended with 1.1062 prop hold Wed

  • Prior oversold weekly divergence & overbought daily divergence both reset to neutral now

  • Overnight high stops just shy of 38.2% of 1-week drop at 1.1217 

  • US CPI next, but pre-holiday weekend range trading expected save for huge miss

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By FxWirePro Team