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EUR USD Technical Analysis October 10, 2023

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EUR USD Technical Analysis October 10, 2023

The EUR rose 0.12% against the USD on Monday and closed at 1.0565. Today in the European session, while EUR USD technical Analysis October 10, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0600, which is 0.22% higher than yesterday’s close.

The pair is expected to find support at 1.0555 and a fall-through could take it to the next support level of 1.0520. The pair is expected to find its first resistance at 1.0600, and a rise-through could take it to the next resistance level of 1.0615. Today’s expected trading range is between 1.04585 support and 1.0630 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.0555
Support 2: 1.0520
Support 3: 1.0485

Important resistance levels:

Resistance 1: 1.0605
Resistance 2: 0.0615
Resistance 3: 0.0630

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