Thursday, October 15, 2026

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FxWirePro:EUR/USD downside capped by 21- day MA, good to buy on dips

Major resistance – 1.07750 Major support – 1.0620 (21- day MA) EUR/USD has taken support at 21- day MA and jumped slightly from that level. It is currently trading around 1.07068. On the higher side, the pair immediate r…

By FxWirePro Team
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FxWirePro:EUR/USD downside capped by 21- day MA, good to buy on dips
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  • Major resistance – 1.07750
     
  • Major support – 1.0620 (21- day MA)
     
  • EUR/USD has taken support at 21- day MA and jumped slightly from that level. It is currently trading around 1.07068.
     
  • On the higher side, the pair immediate resistance is around 1.07750 level and any break above will take the pair till 1.08015/1.08480 level.
     
  • The pair support is around 1.0620 (21- day MA) and any violation below will drag the EUR/USD till 1.0578/1.0530/1.0460.

    It is good to buy on dips around 1.06750 with SL around 1.06200 for the TP of 1.07750/1.08015

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By FxWirePro Team