EUR USD Technical Analysis July 31, 2019
EUR USD Technical Analysis: The EUR rose 0.09% against the USD on Tuesday and closed at 1.1153. Today in the European session while EUR USD technical Analysis July 31, 2019 is preparing at 7:15 GMT, the pair is trading at 1.1145, which is 0.07% lower from yesterday’s closed.
The pair is expected to find support at 1.1137 and a fall through could take it to the next support level of 1.1120. The pair is expected to find its first resistance at 1.1165, and a rise through could take it to the next resistance level of 1.1177. For today the expected trading range is between 1.1120, Support and 1.1177 Resistance.
The expected trend for today is Bearish
Supports Levels: Support 1: 1.1137, Support 2: 1.1120, Support 3: 1.1108
Resistance Levels: Resistance 1: 1.1165, Resistance 2: 1.1177, Resistance 3: 1.1195
EUR/USD Buying Opportunity for Intraday Trading July 31, 2019
Buy near the support area 1.1137 and 1.1120 as soon as you get reversal candlesticks patterns using stop loss 2 pips below the low of reversal candlestick & keep target equal to stop loss.
EUR/USD Selling Opportunity for Intraday Trading July 31, 2019
Sell near the resistance area 1.1165 and 1.1177 as soon as you get reversal candlesticks patterns using stop loss 2 pips above the high of reversal candlestick & keep target equal to stop loss.
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