NEWS: EUR/USD is falling 0.5% on a stronger US dollar ahead of Trump-Zelensky meeting today at 18:00 GMT+1.
Possible Scenarios:
If EURUSD fails to breach through S2 of 1.16513, our Research Department expects EURUSD to undergo a short- term upward correction.
If EURUSD manages to break below its S2 of 1.16513, our Research Department expects EURUSD to extend its losses to its S3 of 1.16304
Support and Resistance Levels:
|
EURUSD |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1.16304 |
1.16513 |
1.16721 |
1.17000 |
1.17279 |
1.17487 |
1.17696 |
Potential Profit or Potential Loss Calculations:
|
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €85.69 |
(+/-) £74.54 |
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.16699
***GBP/USD = 1.34161
Calculations for exchange rate used as of Friday, October 17, 2025, 13:45 GMT+1