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EUR USD Technical Analysis October 23, 2018

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EUR USD Technical Analysis October 23, 2018

The EUR declined 0.45% against the USD on Monday and closed at 1.1463. Today in the European session while EUR USD technical analysis October 23, 2018 is preparing at 10:15 GMT, the pair is trading at 1.1470, which is 0.06% higher from yesterday’s closed.

The pair is expected to find support at 1.1428 and a fall through could take it to the next support level of 1.1395. The pair is expected to find its first resistance at 1.1523, and a rise through could take it to the next resistance level of 1.1583. For today the expected trading range is between 1.1428, Support and 1.1530 Resistance.

The expected trend for today is Bullish

Supports Levels: Support 1: 1.1428, Support 2: 1.1395, Support3: 1.1335
Resistance Levels: Resistance 1: 1.1523, Resistance 2: 1.1583, Resistance 3: 1.1617

EUR/USD Buying Opportunity for Intraday Trading October 23, 2018

Buy near the support area 1.1428 and 1.1395 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 23, 2018

Sell near the resistance area 1.1523 and 1.1583 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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