EUR USD Technical Analysis October 4, 2023
The EUR declined 0.11% against the USD on Tuesday and closed at 1.0465. Today in the European session, while EUR USD technical Analysis October 4, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0506, which is 0.37% higher than yesterday’s close.
The pair is expected to find support at 1.0450 and a fall-through could take it to the next support level of 1.0420. The pair is expected to find its first resistance at 1.0515, and a rise-through could take it to the next resistance level of 1.0560. Today’s expected trading range is between 1.0400 support and 1.0590 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0450
Support 2: 1.0420
Support 3: 1.0400
Important resistance levels:
Resistance 1: 1.0515
Resistance 2: 0.0560
Resistance 3: 0.0590
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