EUR USD Technical Analysis August 18, 2022
The EUR rose 0.11% against the USD on Wednesday and closed at 1.0180. Today in the European session, while EUR USD technical Analysis August 18, 2022, is preparing at 5:00 GMT, the pair is trading at 1.0163, which is 0.18% lower than yesterday’s close.
The pair is expected to find support at 1.0147 and a fall through could take it to the next support level of 1.0122. The pair is expected to find its first resistance at 1.0190, and a rise through could take it to the next resistance level of 1.0200. Today’s expected trading range is between 1.0100 support and 1.0285 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.0147
Support 2: 1.0122
Support 3: 1.0100
Important resistance levels:
Resistance 1: 1.0190
Resistance 2: 1.0200
Resistance 3: 1.0285
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