Friday, October 16, 2026

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EUR/USD reaches new low

Pair's support levels severely thin on the charts. 1.06655 low Long-term fibo (76.4% of 0.8228 - 1.6040) at 1.0072 looks realistic Prices closed last month under the 61.8% of this move at 1.1212 Short again on corrective…

By Meredith J C Warren
1 min read
EUR/USD reaches new low
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  • Pair's support levels severely thin on the charts. 1.06655 low

  • Long-term fibo (76.4% of 0.8228 - 1.6040) at 1.0072 looks realistic

  • Prices closed last month under the 61.8% of this move at 1.1212

  • Short again on corrective upticks

  • Offer at 1.0795 to test Jan 2003 low at 1.0335

 

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By FxWirePro Team