NEWS: EURUSD price is falling -0.5% to its lowest level in more than 16 months as high U.S. Treasury yields continue to support the U.S. dollar ahead of today’s Federal Reserve meeting minutes.

Possible Scenarios:

If EURUSD fails to breach through S1 of 1.11514, our Analysis Department expects EURUSD to undergo a short- term upward correction.

If EURUSD manages to break below its S1 of 1.11514, our Analysis Department expects EURUSD to extend its losses to its S2 of 1.11266
 

Support and Resistance Levels:

Potential Profit or Potential Loss Calculations:

 

*1 trading lot is equivalent of 100.000 units
**EUR/USD =  1.11923    
***GBP/USD =  1.32397    
Calculations for exchange rate used as of Wednesday, October 7, 2026, 09:02 GMT+1