Friday, October 16, 2026

Technicals

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EUR/USD remains bearish

Pair's pullback off high extends past 1.0683, 61.8% 1.0457-1.1062 rally Although consolidation seems likely, trend stays with the bears Fall from highs will deepen bearish expectation 200-HMA 1.0647. Mar 13 low 1.0635 Ma…

By Ian Preston
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Pair's pullback off high extends past 1.0683, 61.8% 1.0457-1.1062 rally

  • Although consolidation seems likely, trend stays with the bears

  • Fall from highs will deepen bearish expectation

  • 200-HMA 1.0647. Mar 13 low 1.0635 Mar 16 high 1.0620 Mar 17 low 1.0651

  • Recent high/lows indicate resistance located at 1.0800  

 

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EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team