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EUR USD Technical Analysis August 9, 2021

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EUR USD Technical Analysis August 9, 2021

The EUR declined 0.61% against the USD on Friday and closed at 1.1761. Today in the Asian session, while EUR USD technical Analysis August 6, 2021 is preparing at 4:15 GMT, the pair is trading at 1.1754, which is 0.06% lower from yesterday’s closed.

The pair is expected to find support at 1.1745 and a fall through could take it to the next support level of 1.1730. The pair is expected to find its first resistance at 1.1770, and a rise through could take it to the next resistance level of 1.1785. Today’s expected trading range is between 1.1755 support and 1.1855 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.1745
Support 2: 1.1730
Support 3: 1.1705

Important resistance levels:

Resistance 1: 1.1770
Resistance 2: 1.1785
Resistance 3: 1.1800

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