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EUR USD Technical Analysis August 31, 2022

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EUR USD Technical Analysis August 31, 2022

The EUR rose 0.19% against the USD on Tuesday and closed at 1.0014. Today in the European session, while EUR USD technical Analysis August 31, 2022, is preparing at 5:00 GMT, the pair is trading at 0.9975, which is 0.33% lower than yesterday’s close.

The pair is expected to find support at 0.9972 and a fall through could take it to the next support level of 0.9950. The pair is expected to find its first resistance at 1.0052, and a rise through could take it to the next resistance level of 1.0088. Today’s expected trading range is between 0.9910 support and 1.0125 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 0.9972
Support 2: 0.9950
Support 3: 0.9910

Important resistance levels:

Resistance 1: 1.0052
Resistance 2: 1.0088
Resistance 3: 1.0125

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