EUR USD Technical Analysis August 11, 2021
The EUR declined 0.13% against the USD on Tuesday and closed at 1.1720. Today in the Asian session, while EUR USD technical Analysis August 11, 2021 is preparing at 4:15 GMT, the pair is trading at 1.1715, which is 0.05% lower from yesterday’s closed.
The pair is expected to find support at 1.1705 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 1.1725, and a rise through could take it to the next resistance level of 1.1742. Today’s expected trading range is between 1.1650 support and 1.1765 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.1705
Support 2: 1.1690
Support 3: 1.1650
Important resistance levels:
Resistance 1: 1.1725
Resistance 2: 1.1742
Resistance 3: 1.1765