EUR USD Technical Analysis October 5, 2021
The EUR rose 0.19% against the USD on Monday and closed at 1.1619. Today in the European session, while EUR USD technical Analysis October 5, 2021 is preparing at 9:15 GMT, the pair is trading at 1.1600, which is 0.16% lower from yesterday’s closed.
The pair is expected to find support at 1.1590 and a fall through could take it to the next support level of 1.1565. The pair is expected to find its first resistance at 1.1625, and a rise through could take it to the next resistance level of 1.1640. Today’s expected trading range is between 1.1550 support and 1.1665 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.1590
Support 2: 1.1565
Support 3: 1.1550
Important resistance levels:
Resistance 1: 1.1625
Resistance 2: 1.1640
Resistance 3: 1.1665