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EUR USD Technical Analysis August 3, 2022

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EUR USD Technical Analysis August 3, 2022

The EUR declined 0.94% against the USD on Tuesday and closed at 1.0165. Today in the European session, while EUR USD technical Analysis August 3, 2022, is preparing at 5:00 GMT, the pair is trading at 1.0186, which is 0.21% higher than yesterday’s close.

The pair is expected to find support at 1.0150 and a fall through could take it to the next support level of 1.0115. The pair is expected to find its first resistance at 1.0193, and a rise through could take it to the next resistance level of 1.0243. Today’s expected trading range is between 1.0097 support and 1.0292 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.0150
Support 2: 1.0115
Support 3: 1.0097

Important resistance levels:

Resistance 1: 1.0193
Resistance 2: 1.0243
Resistance 3: 1.0292

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