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EUR USD Technical Analysis July 18, 2023

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EUR USD Technical Analysis July 18, 2023

The EUR rose 0.08% against the USD on Monday and closed at 1.1240. Today in the European session, while EUR USD technical Analysis July 18, 2023, is prepared at 5:00 GMT, the pair is trading at 1.1248, which is 0.07% higher than yesterday’s close.

The pair is expected to find support at 1.1230 and a fall-through could take it to the next support level of 1.1205. The pair is expected to find its first resistance at 1.1275, and a rise-through could take it to the next resistance level of 1.1290. Today’s expected trading range is between 1.1150 support and 1.1300 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.1230
Support 2: 1.1205
Support 3: 1.1150

Important resistance levels:

Resistance 1: 1.1275
Resistance 2: 0.1290
Resistance 3: 0.1300

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