Thursday, October 15, 2026

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EURUSD breaks major resistance 1.1300, targets 1.1435

EUR/USD has broken major resistance 1.1300 and this confirms short term bullishness , a jump till 1.1370/1.1436 cannot be ruled out. Short term weakness can be seen only below 1.1240 level. The minor support is around 1.…

By Lis Howell
1 min read
EURUSD breaks major resistance 1.1300, targets 1.1435
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EUR/USD has broken major resistance 1.1300 and this confirms short term bullishness ,  a jump till 1.1370/1.1436 cannot be ruled out.

  • Short term weakness can be seen only below 1.1240 level.
     
  • The minor support is around 1.1270.
     
  • Any break below 1.1240 will drag the pair further down till 1.1200/1.1150 level.
     
  • Overall bullish invalidation only below 1.1150.

It is good to buy at dips around 1.1290-95 with SL  around 1.1240 for the TP of 1.1370/1.1436

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