Friday, October 16, 2026

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EUR/USD sees long-term fibo at 1.0072 as a realistic target

The long-term fibo (76.4% of 0.8228 - 1.6040) at 1.0072 looks realistic 1.0494 is new 12 year low from Asia today Support levels thin on charts Short again on corrective upticks Pair's offer lowered, now at 1.0625 Looks …

By Meredith J C Warren
1 min read
EUR/USD sees long-term fibo at 1.0072 as a realistic target
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  • The long-term fibo (76.4% of 0.8228 - 1.6040) at 1.0072 looks realistic

  • 1.0494 is new 12 year low from Asia today

  • Support levels thin on charts

  • Short again on corrective upticks

  • Pair's offer lowered, now at 1.0625

  • Looks to test the Jan 2003 low at 1.0335

 

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By FxWirePro Team