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EUR USD Technical Analysis April 18, 2023

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EUR USD Technical Analysis April 18, 2023

The EUR declined 0.58% against the USD on Monday and closed at 1.0928. Today in the European session, while EUR USD technical Analysis April 18, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0974, which is 0.42% higher than yesterday’s close.

The pair is expected to find support at 1.0912 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 1.0980, and a rise-through could take it to the next resistance level of 1.0995. Today’s expected trading range is between 1.0835 support and 1.1070 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.0912
Support 2: 1.0900
Support 3: 1.0835

Important resistance levels:

Resistance 1: 1.0980
Resistance 2: 0.0995
Resistance 3: 0.1070

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