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Sep 24 - 03:55 AM

EUR/USD - Test Of 2026 Low Likely Following Key Tech Break

By Jeremy Boulton  —  Sep 24 - 02:31 AM

• EUR/USD drops below and sustains break of key tech level

• Limit for correction Jun-Aug 1.1325-1.1711 rise was 1.1408

• A test of 2026 low at 1.1325 should follow the drop below

• A fresh 2026 low would heighten chance of a slide toward 1.11

• EUR/USD met 1.1336 target to correct 1.0125-1.2084 rise in June

• Target for a bigger correction is 1.1105 - 50% 1.0125-1.2084


EURUSD


(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters
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