EUR USD Technical Analysis August 22, 2022
The EUR declined 0.48% against the USD on Friday and closed at 1.0039. Today in the European session, while EUR USD technical Analysis August 22, 2022, is preparing at 5:00 GMT, the pair is trading at 1.0005, which is 0.34% lower than yesterday’s close.
The pair is expected to find support at 0.9990 and a fall through could take it to the next support level of 0.9955. The pair is expected to find its first resistance at 1.0045, and a rise through could take it to the next resistance level of 1.0070. Today’s expected trading range is between 0.9935 support and 1.0095 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 0.9990
Support 2: 0.9955
Support 3: 0.9935
Important resistance levels:
Resistance 1: 1.0045
Resistance 2: 1.0070
Resistance 3: 1.0095
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