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Back Technical analysis
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Back Technical analysis
EUR/USD Forecast on February 17, 2026
Throughout Monday, the EUR/USD pair continued
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Throughout Monday, the EUR/USD pair continued its decline and on Tuesday morning reached the 50.0% corrective level at 1.1830. A rebound from this level would favor the euro and some growth toward the 38.2% Fibonacci level at 1.1889. A consolidation below 1.1830 would favor the US dollar and further decline toward the 61.8% corrective level at 1.1770. The wave structure on the hourly chart remains simple. The last completed downward wave did not break the low of the previous
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Grigory Sokolov
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