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EUR USD Technical Analysis Sep 5, 2019

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EUR USD Technical Analysis Sep 5, 2019

EUR USD Technical Analysis: The EUR rose 0.57% against the USD on Wednesday and closed at 1.1034. Today in the European session while EUR USD technical Analysis Sep 5, 2019 is preparing at 7:15 GMT, the pair is trading at 1.1030, which is 0.03% lower from yesterday’s closed.

The pair is expected to find support at 1.0988 and a fall through could take it to the next support level of 1.0943. The pair is expected to find its first resistance at 1.1058, and a rise through could take it to the next resistance level of 1.1082. For today the expected trading range is between 1.0988, Support and 1.1082 Resistance.

The expected trend for today is Bullish

Supports Levels: Support 1: 1.0988, Support 2: 1.0943, Support 3: 1.0919
Resistance Levels: Resistance 1: 1.1058, Resistance 2: 1.1082, Resistance 3: 1.1128

EUR/USD Buying Opportunity for Intraday Trading Aug 16, 2019

Buy near the support area 1.0988 and 1.0943 as soon as you get reversal candlesticks patterns using stop loss 2 pips below the low of reversal candlestick & keep target equal to stop loss.

EUR/USD Selling Opportunity for Intraday Trading Aug 16, 2019

Sell near the resistance area 1.1058 and 1.1082 as soon as you get reversal candlesticks patterns using stop loss 2 pips above the high of reversal candlestick & keep target equal to stop loss.

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