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EUR USD Technical Analysis June 29, 2022

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EUR USD Technical Analysis June 29, 2022

The EUR declined 0.62% against the USD on Tuesday and closed at 1.0518. Today in the European session, while EUR USD technical Analysis 31 May 2022, is preparing at 11:15 GMT, the pair is trading at 1.0519, which is 0.01% higher than yesterday’s close.

The pair is expected to find support at 1.0487 and a fall through could take it to the next support level of 1.0484. The pair is expected to find its first resistance at 1.0535, and a rise through could take it to the next resistance level of 1.0580. Today’s expected trading range is between 1.0470 support and 1.0613 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.0487
Support 2: 1.0484
Support 3: 1.0470

Important resistance levels:

Resistance 1: 1.0535
Resistance 2: 1.0580
Resistance 3: 1.0613

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