Today's EUR to ETB Price Update

robot
Abstract generation in progress

Summary

This report provides the real-time exchange rate between the Euro (EUR) and the Ethiopian Birr (ETB), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Euro (EUR) is one of the world’s major fiat currencies and the official currency of the Eurozone, while the Ethiopian Birr (ETB) is the national currency of Ethiopia. The exchange rate between them reflects market sentiment regarding currency valuation and cross-border trade dynamics between the Eurozone and Ethiopia.

Today’s Price

  • 1 EUR = 183.32 ETB
  • 24h High: 184.9634 ETB
  • 24h Low: 182.5617 ETB

Market Analysis

The EUR/ETB exchange rate has exhibited notable intraday volatility, with price movements spanning approximately 2.40 birr between the 24-hour high and low points.

  • Technical levels: Key support near 182.56 ETB, resistance at 184.96 ETB
  • Risk note: Continued volatility within the established range warrants careful position management
  • Trading opportunities: Monitor price action around the current level of 183.32 ETB for potential entry and exit points within the established range

Conclusion

Continue to monitor the EUR/ETB pair closely for intraday trading opportunities. Traders should remain attentive to price movements within the identified support and resistance zones to optimize their trading strategies.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)