EUR USD Technical Analysis October 19, 2022
The EUR rose 2.21% against the USD on Tuesday and closed at 0.9857. Today in the European session, while EUR USD technical Analysis October 19, 2022, is prepared at 5:00 GMT, the pair is trading at 0.9800, which is 0.58% lower than yesterday’s close.
The pair is expected to find support at 0.9800 and a fall through could take it to the next support level of 0.9785. The pair is expected to find its first resistance at 0.9840, and a rise through could take it to the next resistance level of 0.9870. Today’s expected trading range is between 0.9765 support and 0.9920 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 0.9800
Support 2: 0.9785
Support 3: 0.9765
Important resistance levels:
Resistance 1: 0.9840
Resistance 2: 0.9870
Resistance 3: 0.9920
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