EUR USD Technical Analysis July 6, 2023
The EUR declined 0.25% against the USD on Wednesday and closed at 1.0853. Today in the European session, while EUR USD technical Analysis July 6, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0887, which is 0.30% 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 1.0900, and a rise-through could take it to the next resistance level of 1.0915. Today’s expected trading range is between 1.0810 support and 1.0930 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0835
Support 2: 1.0805
Support 3: 1.0780
Important resistance levels:
Resistance 1: 1.0900
Resistance 2: 0.0915
Resistance 3: 0.0930
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