EUR USD Technical Analysis August 9, 2022
The EUR rose 0.20% against the USD on Monday and closed at 1.0196. Today in the European session, while EUR USD technical Analysis August 9, 2022, is preparing at 5:00 GMT, the pair is trading at 1.0205, which is 0.09% higher than yesterday’s close.
The pair is expected to find support at 1.0160 and a fall through could take it to the next support level of 1.0142. The pair is expected to find its first resistance at 1.0220, and a rise through could take it to the next resistance level of 1.0237. Today’s expected trading range is between 1.0115 support and 1.0250 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0160
Support 2: 1.0142
Support 3: 1.0115
Important resistance levels:
Resistance 1: 1.0220
Resistance 2: 1.0237
Resistance 3: 1.0250
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