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EUR USD Technical Analysis May 19, 2022

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EUR USD Technical Analysis May 19, 2022

The EUR declined o.79% against the USD on Wednesday and closed at 1.0463. Today in the Asian session, while EUR USD technical Analysis May 19, 2022, is preparing at 5:15 GMT, the pair is trading at 1.0496, which is 0.31% higher than yesterday’s close.

The pair is expected to find support at 1.0495 and a fall through could take it to the next support level of 1.0466. The pair is expected to find its first resistance at 1.0560, and a rise through could take it to the next resistance level of 1.0575. Today’s expected trading range is between 1.0390 support and 1.0575 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.0460
Support 2: 1.0425
Support 3: 1.0390

Important resistance levels:

Resistance 1: 1.0535
Resistance 2: 1.0563
Resistance 3: 1.0575

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