EUR USD Technical Analysis October 20, 2022
The EUR declined 0.85% against the USD on Wednesday and closed at 0.9772. Today in the European session, while EUR USD technical Analysis October 20, 2022, is prepared at 5:00 GMT, the pair is trading at 0.9781, which is 0.10% higher than yesterday’s close.
The pair is expected to find support at 0.9755 and a fall through could take it to the next support level of 0.9715. The pair is expected to find its first resistance at 0.9800, and a rise through could take it to the next resistance level of 0.9820. Today’s expected trading range is between 0.9670 support and 0.9970 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 0.9755
Support 2: 0.9715
Support 3: 0.9670
Important resistance levels:
Resistance 1: 0.9800
Resistance 2: 0.9820
Resistance 3: 0.9970
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