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EUR USD Technical Analysis August 20, 2021

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EUR USD Technical Analysis August 20, 2021

The EUR declined 0.28% against the USD on Thursday and closed at 1.1675. Today in the Asian session, while EUR USD technical Analysis August 20, 2021 is preparing at 5:15 GMT, the pair is trading at 1.1681, which is 0.05% higher from yesterday’s closed.

The pair is expected to find support at 1.1665 and a fall through could take it to the next support level of 1.1650. The pair is expected to find its first resistance at 1.1690, and a rise through could take it to the next resistance level of 1.1700. Today’s expected trading range is between 1.1600 support and 1.1740 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.1665
Support 2: 1.1650
Support 3: 1.1600

Important resistance levels:

Resistance 1: 1.1690
Resistance 2: 1.1700
Resistance 3: 1.1740

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