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EUR USD Technical Analysis Aug 14, 2019

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EUR USD Technical Analysis Aug 14, 2019

EUR USD Technical Analysis: The EUR rose 0.37% against the USD on Tuesday and closed at 1.1170. Today in the European session while EUR USD technical Analysis Aug 14, 2019 is preparing at 7:15 GMT, the pair is trading at 1.1180, which is 0.08% higher from yesterday’s closed.

The pair is expected to find support at 1.1150 and a fall through could take it to the next support level of 1.1130. The pair is expected to find its first resistance at 1.1210, and a rise through could take it to the next resistance level of 1.1247. For today the expected trading range is between 1.1130, Support and 1.1210 Resistance.

The expected trend for today is Bearish

Supports Levels: Support 1: 1.1150, Support 2: 1.1130, Support 3: 1.1092
Resistance Levels: Resistance 1: 1.1210, Resistance 2: 1.1247, Resistance 3: 1.1267

EUR/USD Buying Opportunity for Intraday Trading Aug 14, 2019

Buy near the support area 1.1150 and 1.1130 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 14, 2019

Sell near the resistance area 1.1210 and 1.1247 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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