Friday, October 16, 2026

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EUR/USD presses to new session high post-CPI

Source: Thomson Reuters EUR/USD's presses to new session high post-CPI, price action a concern for bears Narrowing De-US yield spreads & upward biased daily RSI aid lift Bounce backs from highs have been limited as USD l…

By Jay L. Zagorsky
1 min read
EUR/USD presses to new session high post-CPI
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Source: Thomson Reuters


  • EUR/USD's presses to new session high post-CPI, price action a concern for bears

  • Narrowing De-US yield spreads & upward biased daily RSI aid lift

  • Bounce backs from highs have been limited as USD longs still in doubt

  • Break above post-Fed high key, could accelerate pair's rally

  • Pair could then test resistance at 1.1185/1.1245, sub-1.0650 eases bull pressure

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By FxWirePro Team