EUR USD Technical Analysis August 4, 2022
The EUR rose 0.01% against the USD on Wednesday and closed at 1.0166. Today in the European session, while EUR USD technical Analysis August 4, 2022, is preparing at 5:00 GMT, the pair is trading at 1.0195, which is 0.27% higher than yesterday’s close.
The pair is expected to find support at 1.0157 and a fall through could take it to the next support level of 1.0125. The pair is expected to find its first resistance at 1.0210, 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 Bullish
Important support levels:
Support 1: 1.0157
Support 2: 1.0125
Support 3: 1.0097
Important resistance levels:
Resistance 1: 1.0210
Resistance 2: 1.0243
Resistance 3: 1.0292
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