EUR USD Technical Analysis October 11, 2018

The EUR rose 0.24% against the USD on Wednesday and closed at 1.1517. Today in the European session while EUR USD technical analysis October 11, 2018 is preparing at 6:15 GMT, the pair is trading at 1.1555, which is 0.32% higher from yesterday’s closed.

EUR USD technical analysis 11 October 2018

The pair is expected to find support at 1.1483 and a fall through could take it to the next support level of 1.1450. The pair is expected to find its first resistance at 1.1579, and a rise through could take it to the next resistance level of 1.1614. For today the expected trading range is between 1.1483, Support and 1.1613 Resistance.

The expected trend for today is Bullish

Supports Levels: Support 1: 1.1483, Support 2: 1.1450, Support3: 1.1417
Resistance Levels: Resistance 1: 1.1517, Resistance 2: 1.1579, Resistance 3: 1.1614

EUR/USD Buying Opportunity for Intraday Trading October 11, 2018

Buy near the support area 1.1483 and 1.1450 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 11, 2018

Sell near the resistance area 1.1579 and 1.1614 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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