EUR USD Technical Analysis Aug 23, 2023
The EUR declined 0.43% against the USD on Tuesday and closed at 1.0846. Today in the European session, while EUR USD technical Analysis Aug 23, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0809, which is 0.35% lower than yesterday’s close.
The pair is expected to find support at 1.0805 and a fall-through could take it to the next support level of 1.0785. The pair is expected to find its first resistance at 1.0870, and a rise-through could take it to the next resistance level of 1.0910. Today’s expected trading range is between 1.0705 support and 1.0930 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.0805
Support 2: 1.0785
Support 3: 1.0705
Important resistance levels:
Resistance 1: 1.0870
Resistance 2: 0.0910
Resistance 3: 0.0930
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