EUR USD Technical Analysis July 5, 2023
The EUR declined 0.29% against the USD on Tuesday and closed at 1.0878. Today in the European session, while EUR USD technical Analysis July 5, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0878, which is 0.01% higher than yesterday’s close.
The pair is expected to find support at 1.0870 and a fall-through could take it to the next support level of 1.0835. The pair is expected to find its first resistance at 1.0905, and a rise-through could take it to the next resistance level of 1.0930. Today’s expected trading range is between 1.0810 support and 1.0940 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.0870
Support 2: 1.0835
Support 3: 1.0810
Important resistance levels:
Resistance 1: 1.0905
Resistance 2: 0.0930
Resistance 3: 0.0940
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