EUR USD Technical Analysis Aug 4, 2023
The EUR rose 0.10% against the USD on Thursday and closed at 1.0947. Today in the European session, while EUR USD technical Analysis Aug 4, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0941, which is 0.05% lower than yesterday’s close.
The pair is expected to find support at 1.0915 and a fall-through could take it to the next support level of 1.0900. The pair is expected to find its first resistance at 1.0955, and a rise-through could take it to the next resistance level of 1.1015. Today’s expected trading range is between 1.0865 support and 1.1045 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.0915
Support 2: 1.0900
Support 3: 1.0865
Important resistance levels:
Resistance 1: 1.0955
Resistance 2: 0.1015
Resistance 3: 0.1045
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