EUR USD Technical Analysis 14 April 2020

EUR USD Technical Analysis: The EUR declined 0.28% against the USD on Monday and closed at 1.0912. Today in the Asian session while EUR USD technical Analysis 14 April 2020 is preparing at 6:45 GMT, the pair is trading at 1.0930, which is 0.16% higher from yesterday’s closed.

The pair is expected to find support at 1.0880 and a fall through could take it to the next support level of 1.0850. The pair is expected to find its first resistance at 1.0956, and a rise through could take it to the next resistance level of 1.1000. For today the expected trading range is between 1.0850 Support and 1.1000 Resistance.

The expected trend for today is Bearish

Supports Levels: Support 1: 1.0880, Support 2: 1.0850, Support 3: 1.0800
Resistance Levels: Resistance 1: 1.0956, Resistance 2: 1.1000, Resistance 3: 1.1030

EUR/USD Buying Opportunity for Intraday Trading 14 April 2020

Buy near the support area 1.0880 and 1.0850 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 14 April 2020

Sell near the resistance area 1.0956 and 1.1000 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.

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