Thursday, October 15, 2026

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EUR/USD supported by 21 DMA

Pullbacks still to holding above the 21 DMA, last at 1.0886, suggesting recent rally still has legs Traders going long for 1.1185. Series of day highs/lows from late-Feb/early-Mar seen The 61.8% fibo of the 1.1534/1.0457…

By Earlence Fernandes
1 min read
EUR/USD supported by 21 DMA
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  • Pullbacks still to holding above the 21 DMA, last at 1.0886, suggesting recent rally still has legs

  • Traders going long for 1.1185. Series of day highs/lows from late-Feb/early-Mar seen

  • The 61.8% fibo of the 1.1534/1.0457 fall at 1.1123 is key ahead

  • Stops seen below Monday's 1.0768 low

 

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By FxWirePro Team