Technical Overview of EUR/USD -8/7/2020

The EUR/USD pair recovers the early day gains and it will go around to level 1.1270/75 on Wednesday session. The pair will be recently bounced back to then it will rising the channel lower line. The Buyers will take a risk while entering to the level 1.1300 to the immediate gain point. Moreover, you have to give the major attention given to the level 1.1345 that will comprise the gain multiple high.

The EUR/USD will be previously closed at 1.1270. The support level for the pair will be 1.1267 and the resistance level for the pair will be 1.1279.