EUR USD Technical Analysis October 18, 2023
The EUR rose 0.16% against the USD on Tuesday and closed at 1.0576. Today in the European session, while EUR USD technical Analysis October 18, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0577, which is 0.01% higher than yesterday’s close.
The pair is expected to find support at 1.0560 and a fall-through could take it to the next support level of 1.0535. The pair is expected to find its first resistance at 1.0550, and a rise-through could take it to the next resistance level of 1.0580. Today’s expected trading range is between 1.0500 support and 1.0635 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0560
Support 2: 1.0535
Support 3: 1.0500
Important resistance levels:
Resistance 1: 1.0590
Resistance 2: 0.0600
Resistance 3: 0.0635
GBP/USD Technical Analysis October 18, 2023
USD/JPY Technical Analysis October 18, 2023
USD/CAD Technical Analysis October 18, 2023