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EUR USD Technical Analysis October 3, 2023

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EUR USD Technical Analysis October 3, 2023

The EUR declined 0.86% against the USD on Monday and closed at 1.0478. Today in the European session, while EUR USD technical Analysis October 3, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0483, which is 0.05% higher than yesterday’s close.

The pair is expected to find support at 1.0460 and a fall-through could take it to the next support level of 1.0440. The pair is expected to find its first resistance at 1.0490, and a rise-through could take it to the next resistance level of 1.0515. Today’s expected trading range is between 1.0400 support and 1.0555 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.0460
Support 2: 1.0440
Support 3: 1.0400

Important resistance levels:

Resistance 1: 1.0490
Resistance 2: 0.0515
Resistance 3: 0.0555

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