EURUSD 16.10.2025
Overall Trend:
Price is hovering near 1.16298 after rebounding from 1.15472. Regaining a sustained foothold above 1.16298 would ease short‑term selling pressure, while failure to do so preserves the bearish bias.
Expected Scenario:
Bullish: A firm daily/4H close above 1.16298 opens 1.16700 then 1.17000.
Bearish: Rejection at 1.16298 followed by a break of 1.15615 points back to 1.15472.
Key Levels:
Resistance: 1.16298 – 1.16700 – 1.17000
Support: 1.15615 – 1.15472
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