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EUR USD Technical Analysis Aug 22, 2023

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EUR USD Technical Analysis Aug 22, 2023

The EUR rose 0.23% against the USD on Monday and closed at 1.0894. Today in the European session, while EUR USD technical Analysis Aug 22, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0888, which is 0.06% higher than yesterday’s close.

The pair is expected to find support at 1.0870 and a fall-through could take it to the next support level of 1.0845. The pair is expected to find its first resistance at 1.0930, and a rise-through could take it to the next resistance level of 1.0950. Today’s expected trading range is between 1.0805 support and 1.0960 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.0870
Support 2: 1.0845
Support 3: 1.0805

Important resistance levels:

Resistance 1: 1.0930
Resistance 2: 0.0950
Resistance 3: 0.0960

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