Thursday, October 15, 2026

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EUR/USD remains neutral below $1.1059, Euro zone Services PMI data in focus

Pair is currently trading at $1.0916 levels, made intraday high at $1.0935 and low at $1.0911 levels. Intraday bias remains under consolidation pattern below $1.1059 levels, a break of $1.1059 will bring another rise in …

By Earlence Fernandes
1 min read
EUR/USD remains neutral below $1.1059, Euro zone Services PMI data in focus
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  • Pair is currently trading at $1.0916 levels, made intraday high at $1.0935 and low at $1.0911 levels.

  • Intraday bias remains under consolidation pattern below $1.1059 levels, a break of $1.1059 will bring another rise in parity.

  • On the other side, below $1.0707 will turn bias to the downside for 1.0517 support zone.

  • Euro zone retail sales and Service PMI data will be featured in European session.

  • Initial support levels are seen at $1.0887, $.0858 and $1.0832 levels.

  • Resistance levels are seen around $1.0942, $1.0968 and $1.0997 levels.

 

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