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EUR USD Technical Analysis July 27, 2023

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EUR USD Technical Analysis July 27, 2023

The EUR rose 0.30% against the USD on Wednesday and closed at 1.1086. Today in the European session, while EUR USD technical Analysis July 27, 2023, is prepared at 5:00 GMT, the pair is trading at 1.1027, which is 0.54% lower than yesterday’s close.

The pair is expected to find support at 1.1020 and a fall-through could take it to the next support level of 1.1000. The pair is expected to find its first resistance at 1.1145, and a rise-through could take it to the next resistance level of 1.1180. Today’s expected trading range is between 1.0970 support and 1.1200 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.1020
Support 2: 1.1000
Support 3: 1.0970

Important resistance levels:

Resistance 1: 1.1145
Resistance 2: 0.1180
Resistance 3: 0.1200

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