EUR USD Technical Analysis July 16, 2021
The EUR declined 0.20% against the USD on Thursday and closed at 1.1811. Today in the Asian session, while EUR USD technical Analysis July 16, 2021 is preparing at 4:15 GMT, the pair is trading at 1.1820, which is 0.07% higher from yesterday’s closed.
The pair is expected to find support at 1.1800 and a fall through could take it to the next support level of 1.1790. The pair is expected to find its first resistance at 1.1840, and a rise through could take it to the next resistance level of 1.1850. Today’s expected trading range is between 1.1773 support and 1.1875 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.1800
Support 2: 1.1790
Support 3: 1.1773
Important Important resistance levels:
Resistance 1: 1.1840
Resistance 2: 1.1850
Resistance 3: 1.1875