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EUR USD Technical Analysis August 24, 2022

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EUR USD Technical Analysis August 24, 2022

The EUR rose 0.26% against the USD on Tuesday and closed at 0.9969. Today in the European session, while EUR USD technical Analysis August 24, 2022, is preparing at 5:00 GMT, the pair is trading at 0.9949, which is 0.20% lower than yesterday’s close.

The pair is expected to find support at 0.9902 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 1.0015, and a rise through could take it to the next resistance level of 1.0045. Today’s expected trading range is between 0.9800 support and 1.0095 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 0.9902
Support 2: 0.9850
Support 3: 0.9800

Important resistance levels:

Resistance 1: 1.0015
Resistance 2: 1.0045
Resistance 3: 1.0095

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