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EUR USD Technical Analysis July 20, 2023

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EUR USD Technical Analysis July 20, 2023

The EUR declined 0.23% against the USD on Wednesday and closed at 1.1201. Today in the European session, while EUR USD technical Analysis July 20, 2023, is prepared at 5:00 GMT, the pair is trading at 1.1203, which is 0.01% higher than yesterday’s close.

The pair is expected to find support at 1.1175 and a fall-through could take it to the next support level of 1.1160. The pair is expected to find its first resistance at 1.1235, and a rise-through could take it to the next resistance level of 1.1270. Today’s expected trading range is between 1.1130 support and 1.1300 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.1175
Support 2: 1.1160
Support 3: 1.1130

Important resistance levels:

Resistance 1: 1.1235
Resistance 2: 0.1270
Resistance 3: 0.1300

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