EUR USD Technical Analysis October 9, 2023
The EUR rose 0.34% against the USD on Friday and closed at 1.0582. Today in the European session, while EUR USD technical Analysis October 9, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0535, which is 0.45% lower than yesterday’s close.
The pair is expected to find support at 1.0510 and a fall-through could take it to the next support level of 1.0485. The pair is expected to find its first resistance at 1.0600, and a rise-through could take it to the next resistance level of 1.0615. Today’s expected trading range is between 1.0450 support and 1.0630 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.0510
Support 2: 1.0585
Support 3: 1.0450
Important resistance levels:
Resistance 1: 1.0600
Resistance 2: 0.0615
Resistance 3: 0.0630
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