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EUR USD Technical Analysis April 11, 2023

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EUR USD Technical Analysis April 11, 2023

The EUR declined 0.36% against the USD on Monday and closed at 1.0861. Today in the European session, while EUR USD technical Analysis April 11, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0912, which is 0.47% higher than yesterday’s close.

The pair is expected to find support at 1.0885 and a fall-through could take it to the next support level of 1.0835. The pair is expected to find its first resistance at 1.0920, and a rise-through could take it to the next resistance level of 1.0970. Today’s expected trading range is between 1.0790 support and 1.1025 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.0885
Support 2: 1.0835
Support 3: 1.0790

Important resistance levels:

Resistance 1: 1.0920
Resistance 2: 0.0970
Resistance 3: 0.1025

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