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EUR USD Technical Analysis Sep 29, 2023

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EUR USD Technical Analysis Sep 29, 2023

The EUR rose 0.56% against the USD on Thursday and closed at 1.0565. Today in the European session, while EUR USD technical Analysis Sep 29, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0611, which is 0.42% higher than yesterday’s close.

The pair is expected to find support at 1.0575 and a fall-through could take it to the next support level of 1.0550. The pair is expected to find its first resistance at 1.0715, and a rise-through could take it to the next resistance level of 1.0640. Today’s expected trading range is between 1.0490 support and 1.0670 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.0575
Support 2: 1.0550
Support 3: 1.0490

Important resistance levels:

Resistance 1: 1.0615
Resistance 2: 0.0640
Resistance 3: 0.0670

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