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EUR USD Technical Analysis October 10, 2022

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EUR USD Technical Analysis October 10, 2022

The EUR declined 0.51% against the USD on Friday and closed at 0.9738. Today in the European session, while EUR USD technical Analysis October 10, 2022, is prepared at 5:00 GMT, the pair is trading at 0.9700, which is 0.37% lower than yesterday’s close.

The pair is expected to find support at 0.9670 and a fall through could take it to the next support level of 0.9637. The pair is expected to find its first resistance at 0.9750, and a rise through could take it to the next resistance level of 0.9780. Today’s expected trading range is between 0.9540 support and 0.9815 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 0.9670
Support 2: 0.9637
Support 3: 0.9540

Important resistance levels:

Resistance 1: 0.9750
Resistance 2: 0.9780
Resistance 3: 0.9815

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