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EUR USD Technical Analysis 1 June 2022

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EUR USD Technical Analysis 1 June 2022

The EUR declined 0.41% against the USD on Tuesday and closed at 1.0733. Today in the Asian session, while EUR USD technical Analysis 31 May 2022, is preparing at 5:15 GMT, the pair is trading at 1.0716, which is 0.17% lower than yesterday’s close.

The pair is expected to find support at 1.0707 and a fall through could take it to the next support level of 1.0680. The pair is expected to find its first resistance at 1.0737, and a rise through could take it to the next resistance level of 1.0745. Today’s expected trading range is between 1.0665 support and 1.0785 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.0707
Support 2: 1.0680
Support 3: 1.0665

Important resistance levels:

Resistance 1: 1.0737
Resistance 2: 1.0745
Resistance 3: 1.0785

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