EUR USD Technical Analysis August 16, 2021
The EUR rose 0.57% against the USD on Friday and closed at 1.1796. Today in the Asian session, while EUR USD technical Analysis August 16, 2021 is preparing at 4:15 GMT, the pair is trading at 1.1775, which is 0.18% lower from yesterday’s closed.
The pair is expected to find support at 1.1767 and a fall through could take it to the next support level of 1.1750. The pair is expected to find its first resistance at 1.1800, and a rise through could take it to the next resistance level of 1.1830. Today’s expected trading range is between 1.1725 support and 1.1855 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.1767
Support 2: 1.1750
Support 3: 1.1725
Important resistance levels:
Resistance 1: 1.1800
Resistance 2: 1.1830
Resistance 3: 1.1855