EUR USD Technical Analysis August 12, 2021
The EUR rose 0.17% against the USD on Wednesday and closed at 1.1738. Today in the Asian session, while EUR USD technical Analysis August 12, 2021 is preparing at 4:15 GMT, the pair is trading at 1.1740, which is 0.01% higher from yesterday’s closed.
The pair is expected to find support at 1.1733 and a fall through could take it to the next support level of 1.1705. The pair is expected to find its first resistance at 1.1742, and a rise through could take it to the next resistance level of 1.1760. Today’s expected trading range is between 1.1690 support and 1.1775 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.1733
Support 2: 1.1705
Support 3: 1.1690
Important resistance levels:
Resistance 1: 1.1742
Resistance 2: 1.1760
Resistance 3: 1.1775