EUR USD Technical Analysis October 30, 2018
The EUR declined 0.25% against the USD on Monday and closed at 1.1371. Today in the European session while EUR USD technical analysis October 30, 2018 is preparing at 10:15 GMT, the pair is trading at 1.1370, which is 0.01% lower from yesterday’s closed.
The pair is expected to find support at 1.1349 and a fall through could take it to the next support level of 1.1326. The pair is expected to find its first resistance at 1.1410, and a rise through could take it to the next resistance level of 1.1438. For today the expected trading range is between 1.1326, Support and 1.1438 Resistance.
The expected trend for today is Bearish
Supports Levels: Support 1: 1.1349, Support 2: 1.1326, Support 3: 1.1293
Resistance Levels: Resistance 1: 1.1410, Resistance 2: 1.1438, Resistance 3: 1.1460
EUR/USD Buying Opportunity for Intraday Trading October 30, 2018
Buy near the support area 1.1349 and 1.1326 as soon as you get reversal candlesticks patterns using stop loss 4 pips below the reversal candlestick & keep target equal to stop loss.
EUR/USD Selling Opportunity for Intraday Trading October 30, 2018
Sell near the resistance area 1.1410 and 1.1438 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.
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