EUR USD Technical Analysis July 19, 2019
EUR USD Technical Analysis: The EUR rose 0.46% against the USD on Thursday and closed at 1.1275. Today in the European session while EUR USD technical Analysis July 19, 2019 is preparing at 7:15 GMT, the pair is trading at 1.1240, which is 0.31% lower from yesterday’s closed.
The pair is expected to find support at 1.1227 and a fall through could take it to the next support level of 1.1178. The pair is expected to find its first resistance at 1.1300, and a rise through could take it to the next resistance level of 1.1328. For today the expected trading range is between 1.1200, Support and 1.1300 Resistance.
The expected trend for today is Bearish
Supports Levels: Support 1: 1.1227, Support 2: 1.1178, Support 3: 1.1152
Resistance Levels: Resistance 1: 1.1300, Resistance 2: 1.1328, Resistance 3: 1.1377
EUR/USD Buying Opportunity for Intraday Trading July 19, 2019
Buy near the support area 1.1227 and 1.1178 as soon as you get reversal candlesticks patterns using stop loss 2 pips below the low of reversal candlestick & keep target equal to stop loss.
EUR/USD Selling Opportunity for Intraday Trading July 19, 2019
Sell near the resistance area 1.1327 and 1.1378 as soon as you get reversal candlesticks patterns using stop loss 2 pips above the high of reversal candlestick & keep target equal to stop loss.
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