EUR USD Technical Analysis 17 October 2019

EUR USD Technical Analysis: The EUR rose 0.35% against the USD on Wednesday and closed at 1.1070. Today in the European session while EUR USD technical Analysis 17 October 2019 is preparing at 7:15 GMT, the pair is trading at 1.1075, which is 0.04% higher from yesterday’s closed.

The pair is expected to find support at 1.1033 and a fall through could take it to the next support level of 1.0995. The pair is expected to find its first resistance at 1.1095, and a rise through could take it to the next resistance level of 1.1122. For today the expected trading range is between 1.1033 Support and 1.1122 Resistance.

The expected trend for today is Bullish

Supports Levels: Support 1: 1.1033, Support 2: 1.0995, Support 3: 1.0970
Resistance Levels: Resistance 1: 1.1095, Resistance 2: 1.1122, Resistance 3: 1.1160

EUR/USD Buying Opportunity for Intraday Trading 17 October 2019

Buy near the support area 1.1033 and 1.0995 as soon as you get reversal candlesticks patterns using stop loss 2 pips below the low of reversal candlestick & keep target equal to stop loss.

EUR/USD Selling Opportunity for Intraday Trading 17 October 2019

Sell near the resistance area 1.1095 and 1.1122 as soon as you get reversal candlesticks patterns using stop loss 2 pips above the high of reversal candlestick & keep target equal to stop loss.

GBP/USD Technical Analysis 17 October 2019
USD/JPY Technical Analysis 17 October 2019
USD/CAD Technical Analysis 17 October 2019