EUR USD Technical Analysis Aug 10, 2023
The EUR rose 0.04% against the USD on Thursday and closed at 1.0978. Today in the European session, while EUR USD technical Analysis Aug 10, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0980, which is 0.01% higher than yesterday’s close.
The pair is expected to find support at 1.0975 and a fall-through could take it to the next support level of 1.0930. The pair is expected to find its first resistance at 1.1000, and a rise-through could take it to the next resistance level of 1.1040. Today’s expected trading range is between 1.0915 support and 1.1065 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0975
Support 2: 1.0930
Support 3: 1.0915
Important resistance levels:
Resistance 1: 1.1000
Resistance 2: 0.1040
Resistance 3: 0.1065
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