Thursday, October 15, 2026

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FxWirePro: EUR/USD faces strong resistance around 1.1027, good to sell on rallies

EUR/USD has recovered after making a low of 1.0896 yesterday. Overall trend is still weak as long as resistance 1.1020 holds. Any break above 1.1027 will take the pair till 1.1050/1.1070 level. On the lower side minor su…

By Lis Howell
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FxWirePro: EUR/USD faces strong resistance around 1.1027, good to sell on rallies
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EUR/USD has recovered after making a low of 1.0896 yesterday. Overall trend is still weak as long as resistance 1.1020 holds.

  • Any break above 1.1027 will take the pair till 1.1050/1.1070 level.
     
  • On the lower side minor support is around 1.0950 and any indicative break below will drag the pair further down till 1.0880/1.0850.

It is good to sell on rallies around 1.0975-80 with SL around 1.1027 for the TP of 1.0880/1.0855 

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By FxWirePro Team