EUR USD Technical Analysis Oct 1, 2019
EUR USD Technical Analysis: The EUR declined 0.37% against the USD on Monday and closed at 1.0898. Today in the European session while EUR USD technical Analysis Oct 1, 2019 is preparing at 7:15 GMT, the pair is trading at 1.0900, which is 0.01% higher from yesterday’s closed.
The pair is expected to find support at 1.0872 and a fall through could take it to the next support level of 1.0846. The pair is expected to find its first resistance at 1.0935, and a rise through could take it to the next resistance level of 1.0972. For today the expected trading range is between 1.0809 Support and 1.0972 Resistance.
The expected trend for today is Bearish
Supports Levels: Support 1: 1.0872, Support 2: 1.0846, Support 3: 1.0809
Resistance Levels: Resistance 1: 1.0935, Resistance 2: 1.0972, Resistance 3: 1.1000
EUR/USD Buying Opportunity for Intraday Trading Aug 16, 2019
Buy near the support area 1.0872 and 1.0846 as soon as you get reversal candlesticks patterns using stop loss 2 pips below the low of reversal candlestick & keep target equal to stop loss.
EUR/USD Selling Opportunity for Intraday Trading Aug 16, 2019
Sell near the resistance area 1.0935 and 1.0972 as soon as you get reversal candlesticks patterns using stop loss 2 pips above the high of reversal candlestick & keep target equal to stop loss.