EUR USD Technical Analysis July 31, 2023
The EUR rose 0.37% against the USD on Friday and closed at 1.1016. Today in the European session, while EUR USD technical Analysis July 31, 2023, is prepared at 5:00 GMT, the pair is trading at 1.1030, which is 0.13% higher than yesterday’s close.
The pair is expected to find support at 1.1005 and a fall-through could take it to the next support level of 1.0945. The pair is expected to find its first resistance at 1.1040, and a rise-through could take it to the next resistance level of 1.1060. Today’s expected trading range is between 1.0835 support and 1.1085 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.1005
Support 2: 1.0945
Support 3: 1.0835
Important resistance levels:
Resistance 1: 1.1040
Resistance 2: 0.1060
Resistance 3: 0.1085
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