Thursday, October 15, 2026

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FxWirePro: EUR/USD faces support around 1.11500, good to buy at dips

EUR/USD has slightly retreated after making a high of 1.12387. It is currently trading around 1.11940. Intraday trend is bullish as long as minor support 1.1150 holds. Any break below 1.1150 will drag the pair till 1.113…

By Lis Howell
1 min read
FxWirePro: EUR/USD faces support around 1.11500, good to buy at dips
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EUR/USD has slightly retreated after making a high of 1.12387. It is currently trading around 1.11940.

  • Intraday trend is bullish as long as minor support 1.1150 holds.
     
  • Any break below 1.1150 will drag the pair till 1.11350/1.1070 level in shortterm.Overall bullish invalidation only below 1.1050.
     
  • On the higher major resistance is around 1.1250 and break above targets 1.1287/1.1350.

It is good to buy at dips around 1.1190 with SL around 1.1150 for the TP of 1.1280/1.1350.

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By FxWirePro Team