EUR USD Technical Analysis 27 April 2020

EUR USD Technical Analysis: The EUR rose 0.44% against the USD on Friday and closed at 1.0824. Today in the European session while EUR USD technical Analysis 27 April 2020 is preparing at 6:45 GMT, the pair is trading at 1.0838, which is 0.13% lower from yesterday’s closed.

The pair is expected to find support at 1.0759 and a fall through could take it to the next support level of 1.0693. The pair is expected to find its first resistance at 1.0860, and a rise through could take it to the next resistance level of 1.0890. For today the expected trading range is between 1.0759 Support and 1.0890 Resistance.

The expected trend for today is Bullish

Supports Levels: Support 1: 1.0759, Support 2: 1.0693, Support 3: 1.0660
Resistance Levels: Resistance 1: 1.0860, Resistance 2: 1.0890, Resistance 3: 1.0957

EUR/USD Buying Opportunity for Intraday Trading 27 April 2020

Buy near the support area 1.0759 and 1.0693 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 27 April 2020

Sell near the resistance area 1.0860 and 1.0890 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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