Thursday, October 15, 2026

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FxWirePro: EUR/USD faces strong support around 1.0800, good to buy at dips

EUR/USD recovered after making a low of 1.0802. It is currently trading around 1.08614. The pair recovered till 1.08882 and started to slightly decline from that level. Intraday trend is slighty bullish as long support 1…

By Lis Howell
1 min read
FxWirePro: EUR/USD faces strong support around 1.0800, good to buy at dips
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  • EUR/USD recovered after making a low of 1.0802. It is currently trading around 1.08614.
     
  • The pair recovered till 1.08882 and started to slightly decline from that level. Intraday trend is slighty bullish as long support 1.080 holds.
     
  • Any break above 1.08830 will take the pair to 1.09557/1.100 level.
     
  • On the downside major support is around 1.0800 and break below targets 1.0720/1. minor support is around 1.0840 .

It is good to buy at dips around 1.0850 with SL around 1.0800 for the TP of 1.0950/1.100 

 

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By FxWirePro Team