EUR USD Technical Analysis October 6, 2022
The EUR declined 1.08% against the USD on Wednesday and closed at 0.9875. Today in the European session, while EUR USD technical Analysis October 6, 2022, is prepared at 5:00 GMT, the pair is trading at 0.9887, which is 0.12% higher than yesterday’s close.
The pair is expected to find support at 0.9835 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 0.9925, and a rise through could take it to the next resistance level of 0.9970. Today’s expected trading range is between 0.9755 support and 0.9995 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 0.9835
Support 2: 0.9810
Support 3: 0.9755
Important resistance levels:
Resistance 1: 0.9925
Resistance 2: 0.9970
Resistance 3: 0.9995
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