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EUR USD Technical Analysis October 11, 2023

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EUR USD Technical Analysis October 11, 2023

The EUR rose 0.36% against the USD on Tuesday and closed at 1.0604. Today in the European session, while EUR USD technical Analysis October 11, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0605, which is 0.01% higher than yesterday’s close.

The pair is expected to find support at 1.0595 and a fall-through could take it to the next support level of 1.0555. The pair is expected to find its first resistance at 1.0625, and a rise-through could take it to the next resistance level of 1.0670. Today’s expected trading range is between 1.04520 support and 1.0700 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.0595
Support 2: 1.0555
Support 3: 1.0520

Important resistance levels:

Resistance 1: 1.0625
Resistance 2: 0.0670
Resistance 3: 0.0700

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