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EUR USD Technical Analysis October 3, 2022

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EUR USD Technical Analysis October 3, 2022

The EUR declined 0.16% against the USD on Friday and closed at 0.9799. Today in the European session, while EUR USD technical Analysis October 3, 2022, is prepared at 5:00 GMT, the pair is trading at 0.9783, which is 0.16% lower than yesterday’s close.

The pair is expected to find support at 0.9740 and a fall through could take it to the next support level of 0.9685. The pair is expected to find its first resistance at 0.9830, and a rise through could take it to the next resistance level of 0.9850. Today’s expected trading range is between 0.9640 support and 0.9875 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 0.9740
Support 2: 0.9685
Support 3: 0.9640

Important resistance levels:

Resistance 1: 0.9830
Resistance 2: 0.9850
Resistance 3: 0.9875

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