EUR USD Technical Analysis 31 May 2022
The EUR declined 0.39% against the USD on Monday and closed at 1.0778. Today in the Asian session, while EUR USD technical Analysis 31 May 2022, is preparing at 5:15 GMT, the pair is trading at 1.0696, which is 0.75% lower than yesterday’s close.
The pair is expected to find support at 1.0690 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 1.0755, and a rise through could take it to the next resistance level of 1.0785. Today’s expected trading range is between 1.0665 support and 1.0800 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.0690
Support 2: 1.0680
Support 3: 1.0665
Important resistance levels:
Resistance 1: 1.0755
Resistance 2: 1.0785
Resistance 3: 1.0800
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