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EUR USD Technical Analysis October 25, 2018

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EUR USD Technical Analysis October 25, 2018

The EUR declined 0.68% against the USD on Wednesday and closed at 1.1390. Today in the European session while EUR USD technical analysis October 25, 2018 is preparing at 9:15 GMT, the pair is trading at 1.1411, which is 0.18% higher from yesterday’s closed.

The pair is expected to find support at 1.1353 and a fall through could take it to the next support level of 1.1317. The pair is expected to find its first resistance at 1.1451, and a rise through could take it to the next resistance level of 1.1512. For today the expected trading range is between 1.1317, Support and 1.1451 Resistance.

The expected trend for today is Bearish

Supports Levels: Support 1: 1.1353, Support 2: 1.1317, Support3: 1.1256
Resistance Levels: Resistance 1: 1.1451, Resistance 2: 1.1512, Resistance 3: 1.1550

EUR/USD Buying Opportunity for Intraday Trading October 25, 2018

Buy near the support area 1.1353 and 1.1317 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 25, 2018

Sell near the resistance area 1.1451 and 1.1512 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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