EUR/USD –16.10.2025

 

Euro passed above the resistance of 1.1650 earlier today, while as we see over the chart prices still face the 1.1700-20 resistance zone.

The market could head for a trading zone between the 1.1610-30 support and 1.1700-20 resistance.

Above 1.1720 more advance towards 1.1820-50 will be expected.

Below 1.1610 the market could drop again with supports at 1.1540 and 1.1390.

SUPPORT RESISTANCE
LEVEL1 1.1610-30 1.1700-20
LEVEL2 1.1540 1.1820-50
LEVEL3 1.1390 1.1920

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