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Back Technical analysis
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Back Technical analysis
EUR/USD Forecast on February 19, 2026
During Wednesday, the EUR/USD pair recorded
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During Wednesday, the EUR/USD pair recorded a second consecutive close below the 50.0% corrective level at 1.1830 and continued its decline toward the 61.8% Fibonacci level at 1.1770. A rebound from this level would favor the euro and some growth toward 1.1830. A consolidation below 1.1770 would increase the likelihood of further decline toward the next corrective level of 76.4% at 1.1696. The wave situation on the hourly chart remains simple. The last completed upward wave did not break
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
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Grigory Sokolov
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