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EUR USD Technical Analysis October 12, 2022

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EUR USD Technical Analysis October 12, 2022

The EUR rose 0.07% against the USD on Tuesday and closed at 0.9707. Today in the European session, while EUR USD technical Analysis October 12, 2022, is prepared at 5:00 GMT, the pair is trading at 0.9703, which is 0.05% lower 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 0.9730, and a rise through could take it to the next resistance level of 0.9770. Today’s expected trading range is between 0.9600 support and 0.9815 resistance.

The expected trend for today is Bullish

Important support levels:

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

Important resistance levels:

Resistance 1: 0.9730
Resistance 2: 0.9770
Resistance 3: 0.9815

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