EUR USD Technical Analysis July 12, 2022
The EUR declined 0.37% against the USD on Monday and closed at 1.0039. Today in the European session, while EUR USD technical Analysis 31 May 2022, is preparing at 5:00 GMT, the pair is trading at 1.0007, which is 0.33% lower than yesterday’s close.
The pair is expected to find support at 0.9985 and a fall through could take it to the next support level of 0.9950. The pair is expected to find its first resistance at 1.0052, and a rise through could take it to the next resistance level of 1.0092. Today’s expected trading range is between 0.9930 support and 1.0137 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 0.9985
Support 2: 0.9950
Support 3: 0.9930
Important resistance levels:
Resistance 1: 1.0052
Resistance 2: 1.0092
Resistance 3: 1.0137
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