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EUR USD Technical Analysis July 21, 2023

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EUR USD Technical Analysis July 21, 2023

The EUR declined 0.64% against the USD on Thursday and closed at 1.1129. Today in the European session, while EUR USD technical Analysis July 21, 2023, is prepared at 5:00 GMT, the pair is trading at 1.1125, which is 0.04% lower than yesterday’s close.

The pair is expected to find support at 1.1120 and a fall-through could take it to the next support level of 1.1090. The pair is expected to find its first resistance at 1.1185, and a rise-through could take it to the next resistance level of 1.1225. Today’s expected trading range is between 1.1050 support and 1.1270 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.1120
Support 2: 1.1090
Support 3: 1.1050

Important resistance levels:

Resistance 1: 1.1185
Resistance 2: 0.1225
Resistance 3: 0.1270

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