Friday, October 16, 2026

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EUR/USD stops lowered to 1.0700

1.0335 is Jan 2003 low. Short targets 1.0410, stops lowered to 1.0700 Basic trend targets the l-t fibo (76.4% of 0.8228 - 1.6040) at 1.0072 Pair weighed by downticking 10 DMA at 1.0687 and further losses seen 100 HMA sup…

By Ian Preston
1 min read
EUR/USD stops lowered to 1.0700
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  • 1.0335 is Jan 2003 low. Short targets 1.0410, stops lowered to 1.0700

  • Basic trend targets the l-t fibo (76.4% of 0.8228 - 1.6040) at 1.0072

  • Pair weighed by downticking 10 DMA at 1.0687 and further losses seen

  • 100 HMA supports intraday at 1.0575 (1.0580 is today's low)

 

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By FxWirePro Team