Friday, October 16, 2026

Technicals

Add as a preferred source on Google

EUR/USD sees possibility to 61.8% retrace at 1.1123

Close above the 21 DMA Monday signals further squeeze 21 DMA acting as support, coincides with the low in Asia at 1.0905 levels To the topside, seeking a move to test the 1.1062 high from March 18 Possibility to the 1.11…

By Ian Preston
1 min read
EUR/USD sees possibility to 61.8% retrace at 1.1123
Image from the original EconoTimes article

Read the original article

  • Close above the 21 DMA Monday signals further squeeze

  • 21 DMA acting as support, coincides with the low in Asia at 1.0905 levels

  • To the topside, seeking a move to test the 1.1062 high from March 18

  • Possibility to the 1.1123 fibo of the 1.1534/1.0457 fall at 1.1123

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

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