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EUR USD Technical Analysis July 7, 2023

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EUR USD Technical Analysis July 7, 2023

The EUR rose 0.34% against the USD on Thursday and closed at 1.0890. Today in the European session, while EUR USD technical Analysis July 7, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0892, which is 0.02% higher than yesterday’s close.

The pair is expected to find support at 1.0870 and a fall-through could take it to the next support level of 1.0850. The pair is expected to find its first resistance at 1.0900, and a rise-through could take it to the next resistance level of 1.0915. Today’s expected trading range is between 1.0835 support and 1.0930 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.0870
Support 2: 1.0850
Support 3: 1.0835

Important resistance levels:

Resistance 1: 1.0900
Resistance 2: 0.0915
Resistance 3: 0.0930

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