EUR USD Technical Analysis August 2, 2022
The EUR rose 0.49% against the USD on Monday and closed at 1.0261. Today in the European session, while EUR USD technical Analysis August 2, 2022, is preparing at 5:00 GMT, the pair is trading at 1.0230, which is 0.30% lower than yesterday’s close.
The pair is expected to find support at 1.0220 and a fall through could take it to the next support level of 1.0205. The pair is expected to find its first resistance at 1.0245, and a rise through could take it to the next resistance level of 1.0290. Today’s expected trading range is between 1.0147 support and 1.0360 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.0220
Support 2: 1.0205
Support 3: 1.0147
Important resistance levels:
Resistance 1: 1.0245
Resistance 2: 1.0290
Resistance 3: 1.0360
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