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EUR USD Technical Analysis July 7, 2022

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EUR USD Technical Analysis July 7, 2022

The EUR declined 0.83% against the USD on Wednesday and closed at 1.0181. Today in the European session, while EUR USD technical Analysis 31 May 2022, is preparing at 5:00 GMT, the pair is trading at 1.0187, which is 0.07% higher than yesterday’s close.

The pair is expected to find support at 1.0163 and a fall through could take it to the next support level of 1.0135. The pair is expected to find its first resistance at 1.0235, and a rise through could take it to the next resistance level of 1.0250. Today’s expected trading range is between 1.0090 support and 1.0275 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.0163
Support 2: 1.0135
Support 3: 1.0090

Important resistance levels:

Resistance 1: 1.0235
Resistance 2: 1.0250
Resistance 3: 1.0375

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