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Back Technical analysis
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Back Technical analysis
EUR/USD Forecast on February 16, 2026
Throughout Friday, the EUR/USD pair continued
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Throughout Friday, the EUR/USD pair continued moving sideways between the 50.0% corrective level at 1.1830 and the 38.2% level at 1.1889. Today, consolidation above 1.1889 would favor the euro and allow for some growth toward the 23.6% corrective level at 1.1963. Consolidation below 1.1830 would open the way for a decline toward the 61.8% Fibonacci level at 1.1769. The wave situation on the hourly chart remains simple. The last completed downward wave did not break the low of the
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
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Grigory Sokolov
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