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EUR USD Technical Analysis April 17, 2023

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EUR USD Technical Analysis April 17, 2023

The EUR declined 0.46% against the USD on Friday and closed at 1.0994. Today in the European session, while EUR USD technical Analysis April 17, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0983, which is 0.11% lower than yesterday’s close.

The pair is expected to find support at 1.0935 and a fall-through could take it to the next support level of 1.0900. The pair is expected to find its first resistance at 1.1000, and a rise-through could take it to the next resistance level of 1.1060. Today’s expected trading range is between 1.0835 support and 1.1070 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.0935
Support 2: 1.0900
Support 3: 1.0835

Important resistance levels:

Resistance 1: 1.1000
Resistance 2: 0.1060
Resistance 3: 0.1070

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