EUR USD Technical Analysis October 7, 2022
The EUR declined 0.86% against the USD on Thursday and closed at 0.9791. Today in the European session, while EUR USD technical Analysis October 7, 2022, is prepared at 5:00 GMT, the pair is trading at 0.9800, which is 0.09% higher than yesterday’s close.
The pair is expected to find support at 0.9755 and a fall through could take it to the next support level of 0.9735. The pair is expected to find its first resistance at 0.9835, and a rise through could take it to the next resistance level of 0.9880. Today’s expected trading range is between 0.9695 support and 0.9925 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 0.9755
Support 2: 0.9735
Support 3: 0.9695
Important resistance levels:
Resistance 1: 0.9935
Resistance 2: 0.9880
Resistance 3: 0.9925
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