EURUSD WEEKLY OUTLOOK: Is 1.1065 possible?

GVI · October 5, 2026
General

It has been a bumpy road in the direction of 1.1065, cited as a potential target following the break below 1.1500-10 and then confirmed after 1.1324 was solidly broken.

Will it be tested?

The answer will be dictated by what happens around 1.12.

If 1.12 becomes resistance and  the 1.1160 low is broien, it would open the door to 1.1065.

If not then EURUSD would need to get back above 1.1260 to neutralize the risk.

 

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