Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro: EUR/USD trades in narrow range, good to buy on dips

Major Resistance- 1.09550 (support turned into resistance). Major support - 1.08500 EUR/USD is trading in narrow range between 1.09467 and 1.08825 for the past two trading session. It is currently trading around 1.09138.…

By FxWirePro Team
1 min read
FxWirePro: EUR/USD trades in narrow range, good to buy on dips
Image from the original EconoTimes article

Read the original article

  • Major Resistance- 1.09550 (support turned into resistance).
     
  • Major support - 1.08500
     
  • EUR/USD is trading in narrow range between 1.09467 and 1.08825 for the past two trading session. It is currently trading around 1.09138.
     
  • It should break above 1.09550 for further upside. Any break above 1.09550 will take the pair to next level till 1.1000/1.0392 (Oct 20th high).
     
  • On the lower side, any break below 1.0850 will drag the pair to next immediate support at 1.0820/1.0770.

    It is good to buy on dips around   1.08750 with SL around 1.0850 for the TP of 1.0950/1.100

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team