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EUR USD Technical Analysis August 18, 2021

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EUR USD Technical Analysis August 18, 2021

The EUR declined 0.57% against the USD on Tuesday and closed at 1.1708. Today in the Asian session, while EUR USD technical Analysis August 18, 2021 is preparing at 4:15 GMT, the pair is trading at 1.1722, which is 0.12% higher from yesterday’s closed.

The pair is expected to find support at 1.1700 and a fall through could take it to the next support level of 1.1690. The pair is expected to find its first resistance at 1.1730, and a rise through could take it to the next resistance level of 1.1745. Today’s expected trading range is between 1.1700 support and 1.1760 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.1700
Support 2: 1.1690
Support 3: 1.1600

Important resistance levels:

Resistance 1: 1.1730
Resistance 2: 1.1745
Resistance 3: 1.1760

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