Thursday, October 15, 2026

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EUR/USD ranges rule, but encounters plenty of event risk

Tight Asian range into Yellen's testimony & Greek submission 1.1280-85 1.3BLN, 1.1300 1.3BLN & 1.1315 543M option strikes provide support Momentum studies conflict - 5, 10 & 20 dma's curl - 20 day Bollinger's contract Im…

By Meredith J C Warren
1 min read
EUR/USD ranges rule, but encounters plenty of event risk
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  • Tight Asian range into Yellen's testimony & Greek submission

  • 1.1280-85 1.3BLN, 1.1300 1.3BLN & 1.1315 543M option strikes provide support

  • Momentum studies conflict - 5, 10 & 20 dma's curl - 20 day Bollinger's contract

  • Implies continued consolidation

  • Initial support/resistance is NY 1.1295/1.1361 range

 

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By FxWirePro Team