EUR USD Technical Analysis 25 May 2022
The EUR rose 0.42% against the USD on Tuesday and closed at 1.0734. Today in the Asian session, while EUR USD technical Analysis 25 May 2022, is preparing at 5:15 GMT, the pair is trading at 1.0703, which is 0.29% lower than yesterday’s close.
The pair is expected to find support at 1.0685 and a fall through could take it to the next support level of 1.0663. The pair is expected to find its first resistance at 1.0745, and a rise through could take it to the next resistance level of 1.0765. Today’s expected trading range is between 1.0600 support and 1.0845 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.0685
Support 2: 1.0663
Support 3: 1.0600
Important resistance levels:
Resistance 1: 1.0745
Resistance 2: 1.0765
Resistance 3: 1.0845