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EUR USD Technical Analysis October 11, 2022

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EUR USD Technical Analysis October 11, 2022

The EUR declined 0.32% against the USD on Monday and closed at 0.9703. Today in the European session, while EUR USD technical Analysis October 11, 2022, is prepared at 5:00 GMT, the pair is trading at 0.9707, which is 0.05% higher than yesterday’s close.

The pair is expected to find support at 0.9670 and a fall through could take it to the next support level of 0.9637. The pair is expected to find its first resistance at 0.9740, and a rise through could take it to the next resistance level of 0.9755. Today’s expected trading range is between 0.9500 support and 0.9815 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 0.9670
Support 2: 0.9637
Support 3: 0.9600

Important resistance levels:

Resistance 1: 0.9740
Resistance 2: 0.9755
Resistance 3: 0.9815

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