EUR USD Technical Analysis Aug 9, 2023
The EUR declined 0.42% against the USD on Tuesday and closed at 1.0955. Today in the European session, while EUR USD technical Analysis Aug 9, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0985, which is 0.27% higher than yesterday’s close.
The pair is expected to find support at 1.0930 and a fall-through could take it to the next support level of 1.0915. The pair is expected to find its first resistance at 1.1000, and a rise-through could take it to the next resistance level of 1.1010. Today’s expected trading range is between 1.0870 support and 1.1040 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0930
Support 2: 1.0915
Support 3: 1.0870
Important resistance levels:
Resistance 1: 1.1000
Resistance 2: 0.1010
Resistance 3: 0.1040
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