EUR USD Technical Analysis August 11, 2022
The EUR rose 0.84% against the USD on Wednesday and closed at 1.0298. Today in the European session, while EUR USD technical Analysis August 11, 2022, is preparing at 5:00 GMT, the pair is trading at 1.0333, which is 0.33% higher than yesterday’s close.
The pair is expected to find support at 1.0290 and a fall through could take it to the next support level of 1.0250. The pair is expected to find its first resistance at 1.0365, and a rise through could take it to the next resistance level of 1.0400. Today’s expected trading range is between 1.0210 support and 1.0445 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0290
Support 2: 1.0250
Support 3: 1.0210
Important resistance levels:
Resistance 1: 1.0365
Resistance 2: 1.0400
Resistance 3: 1.0445
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