EUR USD Technical Analysis October 22, 2018
The EUR rose 0.55% against the USD on Friday and closed at 1.1514. Today in the European session while EUR USD technical analysis October 22, 2018 is preparing at 10:15 GMT, the pair is trading at 1.1550, which is 0.14% higher from yesterday’s closed.
EUR USD technical analysis 22 October 2018
The pair is expected to find support at 1.1494 and a fall through could take it to the next support level of 1.1453. The pair is expected to find its first resistance at 1.1555, and a rise through could take it to the next resistance level of 1.1595. For today the expected trading range is between 1.1454, Support and 1.1595 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 1.1453, Support 2: 1.1392, Support3: 1.1352
Resistance Levels: Resistance 1: 1.1555, Resistance 2: 1.1595, Resistance 3: 1.1656
EUR/USD Buying Opportunity for Intraday Trading October 22, 2018
Buy near the support area 1.1494 and 1.1453 as soon as you get reversal candlesticks patterns using stop loss 4 pips below the reversal candlestick & keep target equal to stop loss.
EUR/USD Selling Opportunity for Intraday Trading October 22, 2018
Sell near the resistance area 1.1555 and 1.1595 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.
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