EUR USD Technical Analysis August 23, 2022
The EUR declined 0.96% against the USD on Monday and closed at 0.9943. Today in the European session, while EUR USD technical Analysis August 23, 2022, is preparing at 5:00 GMT, the pair is trading at 0.9921, which is 0.22% lower than yesterday’s close.
The pair is expected to find support at 0.9900 and a fall through could take it to the next support level of 0.9850. The pair is expected to find its first resistance at 0.9950, and a rise through could take it to the next resistance level of 0.9975. Today’s expected trading range is between 0.9800 support and 1.0015 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 0.9900
Support 2: 0.9850
Support 3: 0.9800
Important resistance levels:
Resistance 1: 0.9950
Resistance 2: 0.9975
Resistance 3: 1.0015
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