EUR USD Technical Analysis October 18, 2022
The EUR rose 1.18% against the USD on Monday and closed at 0.9840. Today in the European session, while EUR USD technical Analysis October 18, 2022, is prepared at 5:00 GMT, the pair is trading at 0.9843, which is 0.03% higher than yesterday’s close.
The pair is expected to find support at 0.9825 and a fall through could take it to the next support level of 0.9810. The pair is expected to find its first resistance at 0.9870, and a rise through could take it to the next resistance level of 0.9890. Today’s expected trading range is between 0.9755 support and 0.9920 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 0.9825
Support 2: 0.9810
Support 3: 0.9755
Important resistance levels:
Resistance 1: 0.9870
Resistance 2: 0.9890
Resistance 3: 0.9920
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