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EUR USD Technical Analysis July 5, 2022

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EUR USD Technical Analysis July 5, 2022

The EUR declined 0.02% against the USD on Monday and closed at 1.0422. Today in the European session, while EUR USD technical Analysis 31 May 2022, is preparing at 5:00 GMT, the pair is trading at 1.0429, which is 0.07% higher than yesterday’s close.

The pair is expected to find support at 1.0417 and a fall through could take it to the next support level of 1.0385. The pair is expected to find its first resistance at 1.0460, and a rise through could take it to the next resistance level of 1.0472. Today’s expected trading range is between 1.0367 support and 1.0485 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.0417
Support 2: 1.0385
Support 3: 1.0367

Important resistance levels:

Resistance 1: 1.0460
Resistance 2: 1.0472
Resistance 3: 1.0485

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