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EUR USD Technical Analysis Aug 14, 2023

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EUR USD Technical Analysis Aug 14, 2023

The EUR declined 0.31% against the USD on Friday and closed at 1.0947. Today in the European session, while EUR USD technical Analysis Aug 14, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0950, which is 0.03% higher than yesterday’s close.

The pair is expected to find support at 1.0927 and a fall-through could take it to the next support level of 1.0915. The pair is expected to find its first resistance at 1.0965, and a rise-through could take it to the next resistance level of 1.1000. Today’s expected trading range is between 1.0870 support and 1.1065 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.0927
Support 2: 1.0915
Support 3: 1.0870

Important resistance levels:

Resistance 1: 1.0965
Resistance 2: 0.1000
Resistance 3: 0.1065

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