EUR USD Technical Analysis July 8, 2022
The EUR declined 0.22% against the USD on Thursday and closed at 1.0158. Today in the European session, while EUR USD technical Analysis 31 May 2022, is preparing at 5:00 GMT, the pair is trading at 1.0149, which is 0.09% lower than yesterday’s close.
The pair is expected to find support at 1.0075 and a fall through could take it to the next support level of 1.0050. The pair is expected to find its first resistance at 1.0190, and a rise through could take it to the next resistance level of 1.0220. Today’s expected trading range is between 1.0020 support and 1.0275 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.0075
Support 2: 1.0050
Support 3: 1.0020
Important resistance levels:
Resistance 1: 1.0190
Resistance 2: 1.0220
Resistance 3: 1.0275
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