EUR USD Technical Analysis July 18, 2022
The EUR rose 0.67% against the USD on Friday and closed at 1.0085. Today in the European session, while EUR USD technical Analysis July 18, 2022, is preparing at 5:00 GMT, the pair is trading at 1.0138, which is 0.52% higher than yesterday’s close.
The pair is expected to find support at 1.0120 and a fall through could take it to the next support level of 1.0080. The pair is expected to find its first resistance at 1.0175, and a rise through could take it to the next resistance level of 1.0190. Today’s expected trading range is between 1.0008 support and 1.0220 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0120
Support 2: 1.0080
Support 3: 1.0008
Important resistance levels:
Resistance 1: 1.0175
Resistance 2: 1.0190
Resistance 3: 1.0220
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